AP Thailand, the Number 1 Real Estate Company, Reports First Half Revenue of 21.13 Billion Baht
- AP Thailand stands out in real estate for residential purposes under the promise of "A Better Life You Can Choose", reaffirming #APThai as the number one real estate company trusted by consumers, with total revenue for the first half reaching 21.13 billion baht and a net profit of 2.28 billion baht.
- Success from the condominium transfer portfolio that has received a positive response, along with horizontal products such as twin houses, townhomes, and single houses, all performing well across every segment, aggressively expanding projects in the best locations.
- Strong financial potential with strict financial discipline maintaining a net debt-to-equity ratio of no more than 0.83, ensuring sufficient liquidity to support long-term business operations.
- Highlights of upcoming new projects: 25 projects valued at 27.44 billion baht, adding to over 177 projects currently for sale and transfer, including twin houses, townhomes, single houses, and condominiums in all locations across Bangkok and other provinces.
- From today until September 15, discover AP's LIFE and ASPIRE condominium brands in 12 prime locations with a special campaign ‘Crazy View’ where all views are priced the same at 1.79 – 5.49 million baht, with discounts up to 1.5 million baht and low monthly payments of 2,500 baht per million. Enjoy free electrical appliances and fully furnished rooms. Don’t miss out, book now https://apth.ly/very-crazy-view.
- Stay updated on all new projects from AP including single houses, twin houses, townhomes, and condominiums throughout 2024. Click https://apth.ly/APNewHome2024.
Mr. Witakarn Janthawimon, Deputy Managing Director of Corporate Strategy and Innovation at AP Thailand Public Company Limited, a leader in Thai real estate development, stated that the performance for the first six months of 2024 (January - June) showed good growth, with total revenue from horizontal products and condominiums (100% JV) and other businesses reaching 21.13 billion baht, while net profit was 2.28 billion baht.

In particular, in the second quarter of 2024, the company generated total revenue from horizontal products and condominiums (100% JV) and other businesses amounting to 11.56 billion baht, a growth of 20.8% from the previous quarter, with a net profit of 1.27 billion baht, an increase of 25.8% from the previous quarter.
#APThai is the number one real estate company, achieving success from sales and ownership transfers, especially from the completed condominiums ready for occupancy, which have significantly increased due to their quality, outstanding design, and affordable pricing packages, allowing AP's ready-to-move-in condos to win customers' hearts and achieve ownership transfers as planned across all segments. Notable projects include THE ADDRESS Siam – Ratchathewi, ASPIRE Ratchayothin, and ASPIRE Erawan Prime, among others.

Meanwhile, the horizontal product portfolio is a key driver strengthening the company through twin houses, townhomes, and single houses, where AP maintains market leadership with the largest market share for a long time, especially by expanding the twin house product portfolio with the "Baan Klang Muang", THE EDITION three-story twin houses, and GRANDE PLENO two-story twin houses, as well as searching for rare prime land locations in the city to launch "Baan Klang Muang Classe", a luxury brand in the townhome and twin house segment of AP, which has received an unexpectedly positive response from all locations. The newly launched townhome and twin house projects have achieved strong sales across all segments, with the top three successful pre-sale projects being Baan Klang Muang THE EDITION Bangna, PLENO Suksawat - Pracha Uthit 60, and PLENO Don Mueang.

Starting from August, the company is preparing to launch 25 new projects with a total value of approximately 27.44 billion baht, including 10 twin house and townhome projects valued at 8.19 billion baht, 8 single house projects valued at 11.35 billion baht, 3 condominium projects valued at 4.7 billion baht, and 4 provincial projects valued at 3.2 billion baht. This will result in the company having more than 202 projects ready for sale in both Bangkok and other provinces, valued at over 151.41 billion baht in the second half of this year.
#Start the life you want with AP condos from today until September 15. Discover LIFE and ASPIRE condos in 12 prime locations with a special campaign ‘Crazy View’ where all views are priced the same at 1.79 – 5.49 million baht, with discounts up to 1.5 million baht, low monthly payments of 2,500 baht per million, free electrical appliances, and free fully furnished rooms. Don’t miss out, book now https://apth.ly/very-crazy-view.
Stay updated on all new projects from AP, including single houses, townhomes, and condominiums throughout 2024 by clicking https://apth.ly/APNewHome2024.
#APThai the number one real estate company #APTHAI #ABetterLifeYouCanChoose #APHome #APCondo #APTownhome #APTwinhome #APTHAIUpdate2024