DHOUSE reveals a positive business outlook for 2025, continuing to recognize revenue from the increasing demand for residential and investment properties. The company is unaffected by the recent earthquake situation and is preparing to launch 3 real estate projects for sale and rent, totaling 259.92 million baht, including the projects: UPark Home valued at 179.43 million baht, UPark Market valued at 32.49 million baht, and UPark Residence valued at 48 million baht. The company is targeting the middle-income market and students, while enhancing cost management capabilities to improve profitability and maintain a healthy cash flow. Revenue is expected to grow by 25.44%.

Mr. Atth Lertroongporn, Managing Director of DHOUSE Development Public Company Limited, a leader in real estate development in Maha Sarakham, stated that the business direction for 2025 shows a continuous growth trend, supported by the rising demand for housing and investment properties in Maha Sarakham and nearby areas. This demand comes from middle-income customers and students seeking accommodation near educational institutions. Additionally, the northeastern region is one of the safest areas regarding disaster risks, making it unaffected by recent earthquakes, reflecting the region's potential as a suitable location for long-term living and investment. This allows the company to continuously recognize revenue from residential projects, with an expected revenue growth of 25.44% in 2025.

For 2025, the company is committed to establishing itself as a leading real estate developer in the northeastern region by developing projects that meet real housing needs in terms of price, function, and construction quality. The plan includes launching 3 new projects worth a total of 259.92 million baht, comprising 1 project for sale, UPark Home valued at 179.43 million baht, and 2 rental projects, UPark Market valued at 32.49 million baht and UPark Residence valued at 48 million baht, with construction scheduled for the fourth quarter of 2025.

The company also focuses on marketing to diverse customer groups, including middle-income individuals who still seek housing and investment opportunities in Maha Sarakham, as well as students who increasingly need accommodation near universities. Currently, the company has recognized revenue from a backlog of real estate projects in Maha Sarakham valued at 18.65 million baht (as of December 31, 2024).

Meanwhile, the “PTT UPark Kamriang” gas station business and related businesses continue to generate revenue following their successful launch, driven by increasing demand for fuel during both regular periods and festivals. Currently, the company's revenue composition includes 56.74% from gas station operations and related businesses, 41.03% from real estate development, and 2.23% from other sources.

The company continues to recognize revenue from completed and ongoing construction projects while enhancing its cost management capabilities, which is a key strength. The focus has been on effective land investment planning and controlling construction material costs, resulting in significant reductions in overall project costs and improved profit margins, while maintaining a healthy cash flow.

“Although the overall Thai economy in 2025 may still face volatility from factors affecting the real estate development business, both domestically and internationally, the company remains capable of driving sales and revenue growth continuously by enhancing capabilities, planning cost management, and adjusting strategies to align with the situation. This includes planning to launch projects that correspond with purchasing power and selecting locations with genuine demand from the increasing consumer base in Maha Sarakham, which is our primary market. Additionally, the company is preparing plans to expand into neighboring provinces in the future.

With the company's strengths in developing quality projects that truly understand the local lifestyle, along with excellent after-sales service and continuous customer care, combined with diversifying risks through gas station operations that meet the needs of the local population, the real estate market in the northeastern region continues to attract interest from both investors and homebuyers due to its stability and physical safety, particularly regarding natural disaster risks. This is a significant strength of the area, such as Maha Sarakham, which has not been affected by recent earthquakes, further reflecting the potential for market expansion in the regional real estate sector. All these factors give the company confidence that it can achieve its sales and revenue growth targets,” Mr. Atth added.