The group of companies operates in the real estate development business, focusing on condominium developments in Phuket under the brand "The Title," as well as providing property management and hospitality services.
| 6M26 | 6M25 | 2025 | 2024 |
|---|
| Revenues | 2,003.88 | 420.23 | 2,994.19 | 1,296.66 |
| Expenses | 1,588.71 | 429.19 | 2,195.09 | 1,142.12 |
| Net Profit (Loss) | 292.96 | -23.30 | 591.09 | 91.23 |
| Assets | 21,942.83 | 12,579.65 | 16,825.38 | 8,852.63 |
| Liabilities | 19,877.04 | 11,305.87 | 14,737.75 | 7,715.17 |
| Shareholders' Equity | 1,870.45 | 1,075.03 | 1,890.31 | 1,137.43 |
| Operating | 926.58 | -38.51 | -937.08 | 1,506.70 |
| Investing | -1,789.53 | -317.16 | -742.90 | -2,515.66 |
| Financing | 797.98 | 537.82 | 2,024.07 | 578.43 |
| EPS (Baht) | 0.37 | -0.03 | 0.76 | 0.12 |
| GP Margin (%) | 53.89 | 47.92 | 54.01 | 41.64 |
| NP Margin (%) | 14.52 | -5.86 | 19.65 | 7.04 |
| D/E Ratio (x) | 9.62 | 8.88 | 7.06 | 6.78 |
| ROE (%) | 61.61 | 9.78 | 39.04 | 9.24 |
| ROA (%) | 6.98 | 1.68 | 6.13 | 2.39 |
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 2026, the group of companies had 19 projects .These included residential condominium projects such as The Halo 1 Naiyang, The Title Legendary Bang-Tao, The Title Heritage Bang-Tao, The Title Serenity Naiyang, The Title Cielo Rawai, The Modeva Bang-Tao, The Katabello, Adora Rawia, Vivi Bangtao, The Title Sierra Bang-Tao, Coralina Kamala, The Balcony Naiyang, Biancana Surin, Vivana Kamala, and The Olive Naiyang, as well as luxury villa projects such as The Tile Estella Naiyang, The Title Kirara Cherngtalay, and Casa De Monte (shop & villa) Koh Kaew, with a total project value of 51,693 million baht.
In the quarter 2 of 2026, the Group had total revenue of 1,451 million baht and a net profit for the second quarter of 2026 of 249.40 million baht, primarily driven by the transfer of ownership of The Title Serenity Naiyang condominium units and revenue from property management services.
Year 2023 -2025, the following residential condominium projects will be launched: The Title Legendary Bang-Tao (637 units), The Title Heritage Bang-Tao (789 units), The Title Serenity Naiyang (814 units), The Title Cielo Rawai (171 units), The Modeva Bang-Tao (859 units), The Katabello (760 units), Adora Rawai (210 units), Vivi Bang-Tao (181 units), Coralina Kamala (569 units), The Title Seirra Bang-Tao (452 units), and The Balcony Naiyang (542 units). Additionally, two luxury villa projects will be launched: Villa Estella Naiyang (26 units) and Villa Kirara Cherngtalay (37 units).
On January 30, 2026, the Stock Exchange of Thailand approved the company's transfer from MAI to SET (Stock Exchange of Thailand). This is considered an organizational development to support business expansion and sustainable long-term growth.
In 2026, the Group launched several residential condominium projects: Biancana Surin (343 units), Vivana Kamala (363 units), and The Olive Naiyang (291 units). Luxury villa projects included Casa De Monte Koh Kaew (37 villas and 29 shophouses). The total value of these completed, under-construction, and sold projects amounted to 51,693 million baht 7,439 units.
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 30/06/26 | TITLE | PROP | SET |
|---|---|---|---|
| P/E (X) | 10.13 | 14.26 | 16.92 |
| P/BV (X) | 3.48 | 0.85 | 1.46 |
| Dividend yield (%) | 4.65 | 4.39 | 4.02 |
| 30/06/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 6,725.68 | 4,144.89 | 3,112.58 |
| Price (B/Share) | 8.60 | 5.30 | 3.98 |
| P/E (X) | 10.13 | 11.49 | - |
| P/BV (X) | 3.48 | 3.00 | 2.93 |
