Chao Phraya Mahakhan Public Company Limited (CMC), a leader in real estate development, announced a 50% increase in its 2024 revenue, totaling 1,991 million baht, reinforcing its success driven by customer confidence. CMC assures all customers and shareholders that the company will overcome various challenges through quality and service.

Dr. Vichian Pathayanan, CEO of Chao Phraya Mahakhan Public Company Limited (CMC), revealed the financial results, stating, "For the total revenue in 2024, the group’s income from property sales amounted to 1,659.1 million baht, a 79.3% increase compared to the same period in 2023. This includes the Saibik Ratchada 32 project generating 604 million baht, the Chateau in Town Ratchayothin project with 234 million baht, the Cirocco Bangna 36 project with 264 million baht, and the The Clef Riverline Chao Phraya – Phra Nakhon project generating 193 million baht, which will continue to recognize revenue in 2025, along with income from other business sectors such as construction contracting, services, and wellness."

In 2024, the company achieved a gross profit of 535.7 million baht, an increase of 257.4 million baht or 92.5% from the same period in 2023. Additionally, as of December 31, 2024, Chao Phraya Mahakhan Public Company Limited (CMC) had a backlog of sales awaiting transfer of ownership valued at approximately 2,252.9 million baht.

For 2025, CMC plans to launch three new projects with a total value of 4,043 million baht, including: 1. The QV Central Park project (Nawamin - Ram Inthra), a high-rise condominium with 662 units valued at 1,700 million baht; 2. The Chateau in Town at E18 Station project, a low-rise condominium with 173 units valued at 368 million baht; and 3. The Mantra Si Phraya project, CMC's first leasehold project with 179 units valued at 1,975 million baht, to continuously meet market demand. However, the real estate market still faces challenges from various factors.

Chao Phraya Mahakhan Public Company Limited (CMC) aims to be a leader in international real estate development in 2025 while maintaining social and environmental responsibility.

Additionally, in 2025, the company plans to expand its wellness business due to significant growth, intending to increase its investment in recurring income, which is currently in the investment expansion phase.

CMC continues to advance its business as a leader in sustainable residential development by creating high-quality projects that meet customer needs while enhancing community quality of life and creating long-term value for society and the environment.

For more information or inquiries, please visit www.cmc.co.th or call the center at 1172 and follow our Facebook Fanpage: CMC Group (*conditions apply as specified by the company).