The highest form of Supalai, breaking the record Q3/65, the total revenue increased by 51%, confident to reach the target of 29 billion baht.

SPALI shows the 3rd quarter of 2022 with the highest total revenue of more than 11,362 million baht, an increase of 51%, and sales pending revenue recognition of more than 23,016 million baht. Confident to reach the total revenue target of 29,000 million baht Exceptional growth in 9 months. Sweeping the highest net profit of 6,002 million baht, growing more than 43% and total revenue as much as 25,455 million baht, an increase of 37%, sales for 9 months exceeded 25,025 million baht, an increase of 41%, launched the last curve 11 more projects worth 10,780 million baht. New product in every location, every segment

Mr Tritecha Tangmatitham The Managing Director of Supalai Public Company Limited said that the company’s performance has continued to grow well in every quarter for the past 9 months. It is considered to be very successful in terms of sales, income and transfer of ownership. This comes as a positive sign that the real estate market is improving and has had a good trend since the beginning of the year. Including measures from government and financial institutions that help support customers’ purchasing decisions

The company also plans to increase the share of new project launches. especially low-end products covering Bangkok and neighboring provinces and the country And there are ready-made products awaiting ownership transfer for another 23,016 million baht, together with the ownership transfer plan for condominiums that have been completed and ready to move in. which received good feedback It reflects the confidence and purchasing power of customers. As a result, the results for the 3rd quarter of 2022 grew excellently. Total revenue was up to 11,362 million baht, an increase of 51% from the same period of 2021. It was income from property transfers in Bangkok, perimeter and provinces of 11,068 million baht, an increase of 50%. Transfer of ownership of 47% of low-rise projects and 53% of condominiums. Able to work to achieve the revenue target set at 29,000 million baht

The company managed to perform for 9 months in terms of net profit of 6,002 million baht, an increase of 43% from the same period in 2021, resulting in the net ratio of debt to equity bearing interest of 54% cash flow management. With a backlog of approximately 23,016 million baht as of September 30, 2022, which is expected to be gradually transferred to customers and recognized as revenue in 2022, totaling 7,267 million baht and the 15,749 million baht that remaining in 2023 and 2024 to support the Company’s future revenue growth

During the nine-month period, 7 condominium projects were completed and ready to be presented to customers, totaling 17,920 million baht, which still received good feedback from customers.

During the nine months of 2022, a total of 20 new projects have been launched in the Bangkok metropolitan area and other provinces. namely 18 low-rise projects and 2 condominium projects with a total value of approximately 26,620 million baht. The company has maintained excellent growth in all housing segments. This comes from the good response from customers in all project locations where finished products are ready. Including new projects that have been launched can generate total sales for 9 months at 25,025 million baht, an increase of 41% from the same period of the year 2021 with sales of 17,796 million baht, which is divided into sales condominium of 7,831 million baht, an increase of 103%. the same period of 2021, which is expected for the Company There is a chance that sales in 2022 will be higher than the target set.

For the fourth quarter, the company has continued to launch new projects, condominiums and low. to support customer needs This will help support sales to grow as targeted.

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