Ananda Development Public Company Limited (ANAN), a leader in urban residential development and the top market player in condominium projects near electric train lines, has announced its Q2/2024 financial results, achieving a net profit of over 151 million baht, an increase of 283% compared to the same period last year. Additionally, the company reported sales of 3,665 million baht and transfers of 2,308 million baht, indicating that the operational results are in line with expectations. The demand for completed, ready-to-move-in condominiums near electric train lines continues to be strong, and the company is confident that the second half of the year will perform well, ensuring that the annual targets will be met.

Mr. Limlee Tippongprapas, Chief Financial Officer of Ananda Development Public Company Limited (ANAN), stated that the company remains the market leader in condominiums near electric train lines, effectively reaching and understanding urban customers. Various strategies have been implemented appropriately, resulting in satisfactory performance. The operational results in Q2/2024 show positive signs, with a net profit of over 151 million baht, growing 283% from the same period last year.

Furthermore, the company announced the complete sell-out (100%) of four condominium projects valued at 13,904 million baht, including Ideo Charan 70 Riverview, Q Prasanmit, Elio Del Nest, and Ideo Chula Samyan. The projects' unique features, prime locations, and outstanding designs cater to a balanced urban lifestyle, and most importantly, the trust customers have in Ananda's quality brand has led to the successful reception of all four projects.

“The company reaffirms its strong business potential and continues to set goals for developing projects that meet customer demands across all segments. We have ready-to-move-in projects in the best locations to support the company's continuous growth, with transfer-ready products valued at 28,557 million baht in Q2/2024 and projects ready for delivery in 2025 valued at 11,929 million baht, totaling 40,486 million baht. We would like to thank all investors for their trust and confidence, and we are committed to planning our business to generate sales while prioritizing operational efficiency and cash flow management, leading to a foundation for sustainable growth,”