Supalai shows operating results for 2023, total income of 31.818 million baht, net profit rising to 5.989 million baht, and sales of 28.864 million baht, which enhances its financial strength, hinting that in 2024 it will prepare to transfer ownership of completed and ready-made residential units. To move on to 5 more projects worth more than 16,000 million baht Ready to break all records since the founding of the company Ready to announce the move to penetrate the real estate market, both horizontal and residential, in the Year of the Dragon. Launching a maximum of 42 projects with a total value of 50,000 million baht.
Mr. Tricha Tangmatitham, Managing Director, Subalai Public Company Limited. He said The year 66 marks another year for the company. Moving forward steadily amidst challenges One factor of success comes from strong financial capabilities and low debt burden. Therefore, new projects can be launched in each governorate with diverse products based on the same standards and quality throughout the country. This makes it possible to meet the needs of every target group. In addition, there are better signs of recovery in the residential market.
Although the upper segment is starting to slow down but there is a demand for housing in the middle class segment to be filled. As a result, demand responded to both horizontal projects and condominium projects, resulting in a total income in 2023 of 31,818 million baht, divided into income from real estate transfers of 30,836 million baht, horizontal projects 66%, and condominiums 34%, which Leading up to the year the company achieved a total net profit of 5,989 million baht and makes the ratio of net interest bearing debt to shareholders' equity just 44%.
In addition, the company has always gained good trust from customers As a result, the total sales of new projects, horizontal and residential units, reached 28,864 million baht, divided into sales of open and newly completed residential units, 9,207 million baht, accounting for 32%, and product sales in the low-rise product. Collection 19.657 million baht calculated at 68%.
From the sales volume such income and profits the Board of Directors meeting decided to approve the distribution of dividends to shareholders for the business results of the fiscal year 2023. At a rate of 1.45 baht per share, an interim dividend was paid at a rate of 0.70 baht per share, and the remaining dividends will be paid for the second six months of 2023. At 0.75 baht per share, with a dividend date. It will not be received (XD) on 7 Nov 67 and the dividend will be paid on 21 May 2024.
For 2024, the company is committed to operating its business to grow steadily with strong financial potential. It aims to break its own record with the highest number of project launches, 42 projects with a total value of 50,000 million baht, covering up to 29 provinces nationwide. In the first quarter, there are plans to launch a total of 14 horizontal projects with a total value of 14,990 million baht. Including factors supporting the transfer of ownership of residential units. Completed and ready to move in during the first to third quarter, 5 projects: Supalai Icon Sathorn, Supalai Premier Samsen-Ratchawat, Supalai Loft Phasi Charoen Station, City Home Sanambinnam-Rattanathibet and City Home Rayong, worth more than 16 billion baht, which will be Able to gradually recognize income to support this year's performance.
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