"V Beyond" Hits Top Form! Announces 2022 Profit Doubled, Approves Additional Investment Budget of Over 2 Billion to Strengthen Business
On January 17, 2023, V Beyond Development Co., Ltd. announced its operational results for the year 2022 in preparation for an upcoming filing. The company reported a net profit of 83 million baht, an increase of over 115% from the previous year, and proposed to shareholders the approval of a dividend payment at a rate of 42 baht per share.
Mr. Woradet Rukpan, Chief Executive Officer (CEO) of V Beyond Development Co., Ltd., stated, "V Beyond has shown outstanding performance and continuous growth, driven by our core real estate brokerage business, which has expanded both in terms of stock availability nationwide and partnerships with numerous leading developers. Additionally, we have recognized revenue from new businesses, such as innovative second-hand homes featuring the 'Smart Home' concept, equipped with energy-saving and environmentally friendly innovations at accessible prices. Our Property Mall platform meets all real estate needs, making home buying easy and aligned with customer lifestyles, along with a one-stop after-sales service. During the first board meeting of 2023, we were honored to have esteemed board members, led by Chairman Mr. Chayen Kamnoon, announce the operational results for 2022 in preparation for the upcoming filing. The company achieved a net profit of 83 million baht, up 115% from last year. We will hold the annual general meeting of shareholders for 2022 next, to consider and approve the dividend payment at a rate of 42 baht per share. Previously, the board had already approved an interim dividend payment for the 2022 operational results at a rate of 36 baht per share, leaving an additional dividend payment of 6 baht per share.
Furthermore, the meeting also approved an investment budget for 2023, increasing by over 2 billion baht to further strengthen business investments, focusing on future technology trends and large-scale mega projects. We have high-potential business partners both domestically and internationally as strategic partners who will join in further investments, along with several major investors acquiring shares, aligning with the global economic recovery that is once again gaining momentum."