Engaged in the business of developing residential real estate for sale, comprising detached houses, semi-detached houses, townhomes, home offices, and commercial buildings, and
investing in other companies.
| 9M25 | 9M24 | 2024 | 2023 |
|---|
| Revenues | 127.63 | 178.41 | 243.37 | 156.77 |
| Expenses | 135.33 | 157.07 | 220.40 | 163.09 |
| Net Profit (Loss) | -24.12 | 7.42 | 4.94 | -20.36 |
| Assets | 836.75 | 825.55 | 838.58 | 824.00 |
| Liabilities | 393.96 | 358.22 | 373.73 | 364.09 |
| Shareholders' Equity | 442.79 | 467.33 | 464.85 | 459.91 |
| Operating | -14.64 | 29.19 | 20.56 | -22.75 |
| Investing | -6.46 | -3.29 | -3.89 | -12.63 |
| Financing | 6.60 | -21.73 | -14.58 | 45.82 |
| EPS (Baht) | -0.03 | 0.01 | 0.01 | -0.02 |
| GP Margin (%) | 9.93 | 21.61 | 19.85 | 8.70 |
| NP Margin (%) | -18.90 | 4.16 | 2.03 | -12.99 |
| D/E Ratio (x) | 0.89 | 0.77 | 0.80 | 0.79 |
| ROE (%) | -5.84 | 0.49 | 1.07 | -4.60 |
| ROA (%) | -0.73 | 2.58 | 2.76 | -0.81 |
The company is a developer of horizontal real estate in Mahasarakham Province and has Projects currently under development are as follows:
1. The Grand Canal Project, comprising townhomes.
2. Grand Biz Project, which consists of commercial buildings or home offices.
3. Phruek Phirom Salaklang Project, comprising detached houses, semi-detached houses, and
home offices.
4. UPark Home Project, comprising detached houses and semi-detached houses.
Currently, the company is developing land in the Mahasarakham University area, divided into
- PTT Station (gas station, retail, rental space),
- UPark Home (properties for sale),
- UPark Resident (campus) project properties for rent,
- UPark Market as a type of real estate mixed-use and for rent.
The company conducts its business with the intention of promoting itself as an organization that is efficient, ethical, honest, fair, and verifiable, which are factors leading to the creation of long-term benefits for the business and shareholders sustainably, while considering fairness to stakeholders of all parties. The company has therefore established a good corporate governance policy, policies for internal control and internal audit, a policy on risk management, and a business code of conduct, to serve as guidelines for operations.
- A major real estate company in Maha Sarakham Province.
- The company focuses on developing real estate for sale and rent. The company owns land in Mahasarakham Province in 4 prime locations.
- The company owns over 100 rai of potential land in the Maha Sarakham University area.
- The company owns over 300 rai of potential land in Khon Kaen Province.
- Currently, there are projects for sale with a total value of over 1,000 million baht.
For the nine-month period ended September 30, 2025, the company had a total revenue 127.63 million Baht, with a total revenue decrease of 50.77 million Baht, or a decrease of 28.45 percent.
- In 2010, D House Home Center Co., Ltd. (“DHC”) was established with The objective is to engage in residential real estate development business for sale of detached houses, semi-detached houses, townhomes, home offices, commercial buildings in the zone Mueang Maha Sarakham District
- In 2011, D House Pattana Co., Ltd. (“DH”) was established with the objective to engage in residential real estate development business for sale, including detached houses, semi-detached houses, townhomes, and home offices in the Maha Sarakham University zone.
- In 2018, a merger occurred between D House Home Center Co., Ltd. Co., Ltd. (“DHC”) and D House Pattana Co., Ltd. (“DH”), using the name D House Pattana Co., Ltd. (“DHOUSE”).
- In 2020, D House Pattana Co., Ltd. was transformed into D House Co., Ltd. Pattana Public Company Limited (“DHOUSE”) and was listed on the MAI stock exchange, offering shares to the public for the first time (IPO).
- In 2021, the Company established a subsidiary named D Group Holdings Co., Ltd., which engages in real estate development and retail businesses. The subsidiary later invested in D Energy and Retail Co., Ltd. (“DER”), which operates PTT Station petroleum service stations. In addition, the Group also operates retail stores within the service stations.
- In 2023, the company invested in Asset Group Khon Kaen Co., Ltd. “AGKK”. Following the transaction, the company holds shares in AGKK in a 100.00% stake, making AGKK a subsidiary of the company. to prepare for business expansion into Khon Kaen Province.
- In 2024, D Group Holdings Co., Ltd. (a subsidiary) changed its name. to D Power Holdings Co., Ltd. to invest in rental properties, operate energy businesses, and retail businesses.
The Company recognizes the importance of preparing for prevention against risks that cause operations to fail to achieve the organization's goals and objectives. Therefore, it is committed to implementing risk management, which will cover strategic, operational, financial, and compliance (regulatory/legal) risks, and ensure everyone in the organization participates in risk management, which will lead to good corporate governance.
| as of 30/09/25 | DHOUSE | PROPCON | mai |
|---|---|---|---|
| P/E (X) | - | - | 72.21 |
| P/BV (X) | 0.87 | 1.23 | 1.27 |
| Dividend yield (%) | - | 1.64 | 3.64 |
| 30/09/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 389.87 | 553.07 | 680.00 |
| Price (B/Share) | 0.43 | 0.61 | 0.75 |
| P/E (X) | - | 256.95 | - |
| P/BV (X) | 0.87 | 1.18 | 1.46 |