Mr. Attapol Surasithipanthawat, Chief Corporate Support Officer of SC Asset Corporation Public Company Limited (SC), a leading Living Solutions Provider, revealed that "In the first quarter, the company achieved total revenue of 4.93 billion baht, with operational revenue of 4.92 billion baht, representing a 29% growth (YoY). This includes 95% from sales and 5% from rental and services, resulting in a net profit of 535 million baht, a 38% increase (YoY), which accounts for 10.8% of total revenue. The company has a backlog of 10.93 billion baht. As of March 31, 2023, the company and its subsidiaries have total assets of 58.59 billion baht and total liabilities of 36.25 billion baht, with a debt-to-equity ratio of 1.62, indicating a strong financial position.

Mr. Attapol Surasithipanthawat
Chief Corporate Support Officer, SC Asset Corporation Public Company Limited

According to SC's Thriving Beyond strategy, the company is set to launch 25 new projects worth a total of 40 billion baht as part of its 2023 plan, which includes 22 horizontal projects and 3 vertical projects (by SC and SCOPE). In the first half of the year, the company plans to open a total of 9 new projects, having already launched 2 horizontal projects worth a total of 1.44 billion baht, namely Bangkok Boulevard Signature Westgate and The Gentry Cultivar Rama 9, along with 2 special campaigns: “New Style, New Twist” featuring Mai Davika as the presenter and the campaign "Great Value, Sis!!" offering special interest rates of 0.9% for 2 years on houses, townhomes, and condos.

Additionally, there are 2 new brands “95E1” (Ninety-Five East One), a luxury single-house segment starting at 100 million baht, limited to only 10 units with a project value of 1 billion baht, and a new brand condominium targeting the younger generation located in the Ratchada-Rama 9 area near the MRT Cultural Center, with a project value of 5.5 billion baht and starting prices from 2 million baht, which is a new segment set to launch in June.

Mr. Attapol further stated that "This year, the company will have products available for sale starting from 2 million baht up to over 150 million baht, with the launch of new series products from each sub-brand to compete for leadership in the single-house market. Additionally, the overall real estate market in Q2 is expected to benefit from the recovering economy, which will positively impact the demand for housing in the real estate sector, so we are confident that we will achieve our targets."

For inquiries about new projects, houses, townhomes, and condominiums, please call 1749 or visit www.scasset.com

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