Mr. Traitecha Tangmattatham, Managing Director of Supalai Public Company Limited, stated that the company has consistently shown strong growth in every quarter. In the past 9 months, the company has achieved significant success in sales, revenue, and property transfers, driven by positive signals of the real estate market recovering and showing a favorable trend since the beginning of the year. This is complemented by government measures and financial institutions supporting customers' purchasing decisions. The company also plans to increase the proportion of new project launches, particularly horizontal products, covering both Bangkok, its suburbs, and other provinces. Additionally, there are completed products ready for transfer worth 23.016 billion baht, alongside plans for transferring completed condominiums, which have received positive feedback, reflecting customer confidence and purchasing power. As a result, the performance in Q3/2022 has shown remarkable growth, with total revenue reaching 11.362 billion baht, an increase of 51% compared to the same period in 2021. This includes revenue from property transfers in Bangkok, its suburbs, and other provinces amounting to 11.068 billion baht, up 50%, with 47% from horizontal projects and 53% from condominiums. The company is confident it can achieve its revenue target of 29 billion baht.

The company has achieved a net profit of 6.002 billion baht in the first 9 months, an increase of 43% compared to the same period in 2021, resulting in a net debt-to-equity ratio of 54%. The company has managed its cash flow well, with a backlog of approximately 23.016 billion baht as of September 30, 2022. It is expected that 7.267 billion baht will be gradually transferred to customers and recognized as revenue in 2022, with the remaining 15.749 billion baht in 2023 and 2024 to support future revenue growth. In the first 9 months, there were 7 completed condominium projects ready for delivery to customers, with a total value of 17.920 billion baht, which continues to receive positive responses from customers.

In the first 9 months of 2022, the company launched a total of 20 new projects in Bangkok, its suburbs, and other provinces, consisting of 18 horizontal projects and 2 condominium projects, with a total value of approximately 26.620 billion baht. The company continues to maintain excellent growth across all residential segments, driven by positive customer responses in all project locations with completed products ready for occupancy, as well as new launches. Total sales for the first 9 months reached 25.025 billion baht, an increase of 41% from the same period in 2021, which had sales of 17.796 billion baht. This includes condominium sales of 7.831 billion baht, up 103% from the same period in 2021, and sales of horizontal products at 17.194 billion baht, an increase of 23% from the same period in 2021. The company expects to exceed its sales target for 2022.

For Q4, the company will continue to launch new projects in both condominiums and horizontal developments to meet customer demand, which will help support sales growth according to the set targets. The new condominium brand, "Supalai Blue Well Hua Hin," is a 28-story high-rise with various room types from Studio to 3 Bedrooms, fully furnished with private balconies offering panoramic views. Located on the Hua Hin - Huay Mongkol road, it caters to customers looking for both residential and investment opportunities, with prices starting at 1.69 million baht. Online booking will open on November 18, 2022, and pre-sale will take place on November 26-27, 2022, at the sales office of the Supalai Blue Well Hua Hin project.