V Beyond Group Public Company Limited, a comprehensive real estate service provider, announced its first quarter results for 2023, showing continuous growth amidst the sluggish Thai economy. The company reported a net profit increase of approximately 335% compared to the same period last year, reflecting effective management of revenue, costs, expenses, and working capital.

Additionally, the company maintains a strong financial position, with a debt-to-equity ratio of 0.46 and shareholders' equity rising to 400 million baht due to accumulated profit growth. This indicates a stable capital structure and the ability to operate sustainably in the long term.

Looking ahead, the company plans to push forward with its project pipeline to gradually recognize revenue starting from the second quarter. It will also expand its portfolio of “move-in ready homes” and “renovated homes” across the country to meet the demand for quality housing at accessible prices.

At the same time, the company remains focused on managing costs and expenses in line with revenue levels, maintaining financial liquidity, and strengthening working capital to support stable business growth in the future.