Mr. Ratchayut Nuntachotisophon, the President-designate of AP Thailand Public Company Limited, effective September 1, 2025, as announced to the Stock Exchange of Thailand, stated that the performance in the first half of the year clearly demonstrates AP Thailand's potential as the #1 real estate company, continuing to grow steadily and robustly despite facing various challenges. These include the global economic situation that has not fully recovered and the stagnation of the Thai economy, which inevitably affects the volatility of the real estate market and impacts purchasing power and consumer confidence. However, all business groups within AP Thailand have maintained continuous growth across all dimensions.

Mr. Ratchayut Nuntachotisophon

In the first half of the year, the company generated total revenue of 20.94 billion baht (including 100% joint venture projects) and a net profit of 1.87 billion baht, while maintaining strong financial stability with a net debt-to-equity ratio of only 0.73 times.

Although the overall Thai real estate market in the second half of the year still faces many challenges and is expected to be another difficult year due to various ongoing factors, business operations this year must proceed cautiously. The most crucial aspect that will allow the organization to move forward smoothly amidst these new tremors is internal management, particularly financial stability management. Finance is akin to "oxygen" that enables the business to move forward confidently. Currently, the company has excellent liquidity and sufficient resources for stable long-term growth, as well as the potential to access various funding sources, which is a significant advantage in supporting the company's operations to achieve its goals fully, including:

1. An available credit line from financial institutions amounting to 18.619 billion baht.
2. Investment funds from business partner Mitsubishi Estate through a registered capital of 12.619 billion baht for condominium development projects in Thailand in collaboration with AP, which has now entered its 12th year of business cooperation.
3. Revenue from the sale and transfer of properties (cash inflow) spread across over 200 projects, including single houses, townhomes, duplexes, and condominiums, which will continue to come in steadily.

The company plans to launch an additional 34 new projects with a total value of 53.35 billion baht:
- New horizontal project group with 26 projects valued at 31.65 billion baht, highlighting the townhome and duplex business group— the ultimate in balanced living. New house designs will be continuously introduced following the success of the mid-city house launch, THE EDITION Sathorn – Kalapapruek, with ‘XAVIER’, a three-story townhome design that transcends the limits of townhomes, presenting a "new dimension of space" that offers unprecedented differences in the townhome market. The single house business group is set to launch "BEON", a new brand and the latest product, featuring the ultimate design concept of Ultra Volume that seamlessly connects all levels within the house. Special features include the Vertiplex loft design that enhances the personal space dimension more than ever.
- Provincial project group preparing to launch in three new provinces: Ratchaburi, Khon Kaen, and Songkhla, with a total value of 3.3 billion baht.

- Condominium business group to help you start the life you want, preparing to launch 5 new projects valued at 18.4 billion baht, and ready to transfer ownership of a new condominium project, ASPIRE Vibhavadi-Victory, valued at 2.3 billion baht.

AP PRINCIPLES – Philosophy of delivering quality of life in every dimension, enabling everyone to live a good life of their own choosing.
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