TITLE is a property developer for sale by focusing on condominium brand "The Title" in Phuket.
| 6M25 | 6M24 | 2024 | 2023 |
|---|
| Revenues | 420.23 | 248.50 | 1,296.66 | 460.95 |
| Expenses | 429.19 | 272.81 | 1,142.12 | 426.71 |
| Net Profit (Loss) | -23.30 | -34.19 | 91.23 | 22.21 |
| Assets | 12,579.65 | 6,164.68 | 8,852.63 | 3,472.90 |
| Liabilities | 11,305.87 | 5,151.00 | 7,715.17 | 2,635.58 |
| Shareholders' Equity | 1,075.03 | 1,013.68 | 1,137.43 | 837.32 |
| Operating | -38.51 | 1,006.44 | 1,506.70 | 846.59 |
| Investing | -317.16 | -1,599.45 | -2,515.66 | -774.45 |
| Financing | 537.82 | 388.48 | 578.43 | 749.56 |
| EPS (Baht) | -0.03 | -0.05 | 0.12 | 0.03 |
| GP Margin (%) | 47.92 | 39.53 | 41.64 | 47.22 |
| NP Margin (%) | -5.86 | -13.76 | 7.04 | 4.82 |
| D/E Ratio (x) | 8.88 | 5.08 | 6.78 | 3.15 |
| ROE (%) | 9.78 | -7.75 | 9.24 | 2.96 |
| ROA (%) | 1.68 | -1.70 | 2.39 | 1.38 |
The company plans to attract clients who are looking for alternative real estate in Phuket. The market focuses on global tourists, which are the company's main target.
Real estate and quality product development under the principles of corporate governance.
- In 2023- Q2'2025, the company has projects located in the areas of Rawai Beach, Nai Yang Beach, Bang Tao Beach and Kata Beach, Phuket Province, which are under construction and for sale, totaling 10 projects. These are residential condominium projects, including The Title Halo Naiyang, The Title Legendary Bang-Tao, The Title Heritage Bang-Tao, The Title Serenity Naiyang, The Title Cielo Rawai, The Modeva Bang-Tao, The Title Artrio Bang-Tao, The Katabello, The Adora Rawia and Luxury Villa projects, including The Tile Estella Naiyang, with a total project value of 33,447 million baht.
In Q2'2025, the Group's total revenue was 230.72 million baht, with a six-month total of 388.58 million baht, primarily from the commencement of transfers of ownership of The Title Legendary Bang-Tao condominium units and revenue from property management services.
In 2013-2014, The Title Legendary Bang-Tao project was launched, with 637 units. The Title Heritage Bang-Tao project with 789 units; The Title Serenity Naiyang with 814 units; The Title CieloRawai with 171 units; The Modeva with 859 units; and The Title Artrio Bang-Tao with 435 units.
In Q1-2'2025, The Group launched The Katabello project at Kata Beach with 760 units ,The Adora Rawai project at Rawai Beach with 210 units, which are residential condominium projects, The Title Villa Estella Naiyang with 26 units, which is a luxury villa project. The total value of the projects under construction and for sale is 33,447 MB., with 5,030 units.
The Group has established a subsidiary to provide property management services, including a juristic person team to manage the project, tenant procurement and coordination services, laundry services,and in-room cleaning services to help maintain the property and quality of life of residents within The Title project. Furthermore, the Group has expanded its operations by opening a community mall, Mingle Mall NaiYang, and is preparing to open a beach club to become a new landmark in Phuket.
Due to the company's business plan focusing on the development of condominium-type real estate with the target group being foreigners, the company has set a policy for customers to pay the contract and down payment to the company 75% before transferring ownership to avoid the impact of the customer's failure. can transfer according to the contract
- In 2023, the company received the award for Best Condo Development (Phuket) Property Guru Thailand 2023
- In 2024 ,the company received the award for the Best Condo Development (Phuket) Property Guru Thailand 2024, Winner in the Best Luxury Condo Architectural Design (Phuket) category from The Title Serenity Naiyang project, Best Luxury Condo Interior Design (Phuket) from The Title Heritage Bang-Tao project, Best Leisure Facilities Development from The Title Legendary Bang-Tao project.
| as of 30/06/25 | TITLE | PROPCON | mai |
|---|---|---|---|
| P/E (X) | 30.21 | - | 60.02 |
| P/BV (X) | 2.67 | 1.02 | 1.15 |
| Dividend yield (%) | 1.32 | 1.94 | 3.94 |
| 30/06/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 2,956.17 | 3,112.58 | 2,902.03 |
| Price (B/Share) | 3.78 | 3.98 | 4.02 |
| P/E (X) | 30.21 | - | 34.14 |
| P/BV (X) | 2.67 | 2.93 | 4.08 |
