SPALI shows 2023 profit of nearly 6 billion baht, plans to pay another dividend of 0.75 baht/share, up XD on 7 May.

2024-02-21 01:11:00

SPALI boasts a net profit for 2023 of 5,989 million baht and total income of 31,818 million baht, along with raking in sales of 28,864 million baht, moving forward into the real estate market, both horizontal and condominiums. Transferring ownership of 5 completed and ready-to-move-in condominium projects in a row, hoping to break every record since the company was founded. Ready to pay dividends for the second 6 months of 2023 at the rate of 0.75 baht per share. XD is set on 7 May 2024 and dividends will be paid on 21 May 2024.

Mr. Tritecha Tangmatitham, Managing Director of Supalai Public Company Limited or SPALI, revealed that 2023 is another year that the company moves forward steadily amidst challenges. One of the success factors comes from strong financial potential and low debt burden, allowing new projects to be launched in each province with a variety of products based on the same standards and quality throughout the country. Makes it possible to answer the needs of every target group

Moreover, there are signs of recovery in the condominium market. Although the top segment is beginning to slow down But there is a demand for housing in the middle-class segment to be filled. As a result, demand responds horizontally. and condominiums generate total income in 2023 of 31,818 million baht, divided into income from transfer of real estate ownership of 30,836 million baht, horizontal projects 66%, condominiums 34% and net profits of 5,989 million baht, resulting in the rate of interest-bearing debt. Net to shareholders’ equity was only 44%.

In addition, the company has always received good confidence from customers. As a result, sales of new projects, both horizontal and condominiums, totaled 28,864 million baht, which was divided into the proportion of sales of newly opened condominiums and Completed construction, ready to move in, 9,207 million baht, accounting for 32% and sales of products in the low-rise product group, 19,657 million baht, accounting for 68%.

However, from the performance of sales, income, and profits, the Board of Directors’ meeting It was resolved to approve the payment of dividends for the 2023 operating results to shareholders. At the rate of 1.45 baht per share, interim dividends have been paid at the rate of 0.70 baht per share. The remaining dividend will be paid for the second 6 months of 2023 at the rate of 0.75 baht per share, with the date on which dividends will not be received (XD) 7 Nov. 2024 and dividends will be paid on 21 May 2024.

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For 2024, the company is committed to operating its business to grow sustainably with strong financial potential, with the goalBreak your own record too.Nuan has launched a total of 42 projects with a total value of 50,000 million baht, covering as many as 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 condominium ownership. Completed and ready to move in during the 1st-3rd quarter, 5 projects: Supalai Icon Sathorn, Supalai Premier Samsen-Ratchawat, Supalai Loft Phasi Charoen Station, City Home Sanambinnam-Rattanathibet and City Home Rayong, value More than 16 billion baht, which will be able to gradually recognize income to support performance this year onwards.

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