The Company engages in the development of low-rise residential projects in Thailand. Currently, the Company develops low-rise residential projects in Bangkok and its surrounding areas, as well as in locations with expanding industrial estates and other high-potential areas across Thailand. The Company’s low-rise residential projects are developed under five brands:
(1) Brighton,
(2) Britania,
(3) Grand Britania,
(4) Belgravia, and
(5) Balco.
| 6M26 | 6M25 | 2025 | 2024 |
|---|
| Revenues | 644.17 | 1,426.24 | 2,455.05 | 3,498.18 |
| Expenses | 596.55 | 1,213.50 | 2,105.22 | 3,143.29 |
| Net Profit (Loss) | -56.00 | 82.81 | 125.78 | 426.62 |
| Assets | 18,856.56 | 19,043.67 | 18,507.73 | 18,613.25 |
| Liabilities | 12,098.68 | 12,221.90 | 11,657.53 | 13,370.44 |
| Shareholders' Equity | 6,757.88 | 6,821.77 | 6,850.21 | 5,242.81 |
| Operating | 35.51 | 256.98 | 741.68 | 1,095.45 |
| Investing | -406.36 | -328.78 | -163.88 | -2,825.85 |
| Financing | 308.43 | 27.06 | -641.35 | 1,556.98 |
| EPS (Baht) | -0.04 | 0.09 | 0.10 | 0.50 |
| GP Margin (%) | 23.95 | 27.89 | 28.59 | 38.71 |
| NP Margin (%) | -8.69 | 5.81 | 5.12 | 12.20 |
| D/E Ratio (x) | 1.79 | 1.79 | 1.70 | 2.55 |
| ROE (%) | -0.19 | 0.11 | 2.08 | 8.06 |
| ROA (%) | 0.73 | 0.80 | 1.71 | 3.59 |
In the second quarter of 2026, the Group achieved presales of Baht 854.1 million and property transfers amounting to Baht 481.7 million. Revenue from sales of real estate amounted to Baht 347.3 million, revenue from project management amounted to Baht 28.8 million, service income amounted to Baht 11.4 million, and other income amounted to Baht 40.0 million. Accordingly, the Group recorded total revenue of Baht 427.5 million and a net loss of Baht 26.6 million for the second quarter of 2026.
| as of 30/06/26 | BRI | PROP | SET |
|---|---|---|---|
| P/E (X) | 16.39 | 14.26 | 16.92 |
| P/BV (X) | 0.26 | 0.85 | 1.46 |
| Dividend yield (%) | 2.85 | 4.39 | 4.02 |
| 30/06/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 1,787.45 | 2,208.88 | 3,088.15 |
| Price (B/Share) | 1.23 | 1.52 | 3.62 |
| P/E (X) | 16.39 | - | 4.33 |
| P/BV (X) | 0.26 | 0.32 | 0.57 |