PEACE AND LIVING has announced its Q1 2023 financial results, showcasing robust performance with a net profit of 71.44 million baht, reflecting a growth of 6.87% compared to the previous quarter.
The company is also preparing to expand with the launch of its latest brand project in Q2.

Mr. Prasopsak Sirisopana, CEO of PEACE AND LIVING Public Company Limited, a property developer with over 30 years of experience in residential real estate, stated that for Q1 2023 (January 2023 – March 2023), the company achieved a net profit of 71.44 million baht, growing by 6.87% compared to the previous quarter's profit of 66.84 million baht.

“In Q1 2023, the company maintained a net profit margin of 20.94%, which is a high level due to effective cost control and management. To build on this success, the company is committed to continuously launching new projects. In Q2 2023, we will introduce a new brand, CHEREA VICINITY, starting with the project CHEREA VICINITY Ratchaphruek – Jetsadabodin, valued at approximately 1.845 billion baht. This premium project is located on a major road connecting Ratchaphruek Road and Nonthaburi city, offering a choice of single houses, twin houses, and townhomes priced between 3.5 to 15 million baht. It features a living environment in an Inclusive Society Connecting All Livings concept, blending happiness and lifestyle diversity with nature, ensuring accessibility to all areas and connecting major roads for convenient travel by car, boat, or MRT.”

The company is confident that its revenue for 2023 will meet targets, supported by stable performance. We aim to grow PEACE AND LIVING sustainably while providing good returns for investors. This new project will certainly meet the diverse lifestyle needs of everyone,” Mr. Prasopsak added.