ALL's CEO Reveals 16% Net Profit Margin, Confident in Meeting Targets for the Second Half of the Year

  
Mr. Thanakorn Thanawirith, CEO of All Inspire Development Public Company Limited (ALL), a provider of diverse real estate solutions catering to all customer segments, is confident that the second half of 2020 will meet its targets. The company currently has a backlog of 12 billion baht, which will gradually be recognized as revenue this year and into next year. The net profit margin stands at 16%, and the debt-to-equity ratio in Q2 2020 has decreased to 1.84 times from 2.09 times in Q1 2020.

Furthermore, the economic outlook for the second half of the year is trending positively, albeit not dramatically. The overall situation is beginning to ease, with signs of improved consumer spending compared to the early lockdown period. Additionally, the residential real estate market typically peaks in the final quarter of the year, which is expected to positively influence business performance.

The company is also preparing to implement strategies targeting real demand customers, focusing on providing professional sales consulting to help clients choose housing that meets their needs. Recently, they organized an Open House Party to showcase the ready-to-move-in condominium project, The Excel Hideaway Sukhumvit 50, valued at 1.8 billion baht, aiming for 100% unit transfers by the end of this year.