All Inspire Development Public Company Limited announced its performance for the first six months of 2018, reporting total revenue of 1,153.89 million baht, an increase of 1,240%, with a net profit of 165 million baht, resulting in a net profit margin of 16.6%. The company also recorded revenue from property transfers exceeding 977.12 million baht. Additionally, there is a backlog of 6.8 billion baht awaiting revenue recognition in the future. In the third quarter, the company plans to launch projects The Excel Ratchada 18 and The Excel Lasalle 17, and is currently preparing to file with the Securities and Exchange Commission (SEC) for registration on the Stock Exchange of Thailand.

          Mr. Thanakorn Thanawarit, Chief Executive Officer of All Inspire Development Public Company Limited stated that for the first half of 2018, ending June 30, 2018, the company achieved total revenue of 1,153.89 million baht, an increase of over 1,240% compared to the same period last year, with a gross profit of 452 million baht, resulting in a gross profit margin of 43.5%, and a net profit of 165 million baht, with a net profit margin of 16.6%. The growth in performance during the first half was primarily due to revenue recognition from property transfers amounting to 977.12 million baht, an increase of over 1,100% compared to the same period last year. The significant increase in revenue was driven by the transfer of the project The Excel Groove in the second quarter. Overall, the company's performance in the second half of 2018 is expected to continue strong growth, as it has a backlog of approximately 6.8 billion baht, which is anticipated to be recognized gradually during the second half of 2018 and beyond.

          For the plan to launch real estate projects in the second half of the year, the company expects to introduce three new projects, including the low-rise condominium projects The Excel Ratchada 18 and The Excel Lasalle 17, as well as a VVIP launch for a townhome project with a total project value of approximately 3.4 billion baht.

          Furthermore, the company is in the process of preparing to submit a request for permission to offer securities and a registration statement for the securities offering (Filing) to the Securities and Exchange Commission (SEC) for registration on the Stock Exchange of Thailand.

Thank you for the information from www.allinspire.co.th