AP Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 02:01 am EDT
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AP (Thailand) Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was THB 9,389.88 million compared to THB 9,880.49 million a year ago. Net income was THB 1,544.46 million compared to THB 1,573.94 million a year ago. Basic earnings per share from continuing operations was THB 0.491 compared to THB 0.5 a year ago.
For the six months, revenue was THB 18,831.29 million compared to THB 20,738.28 million a year ago. Net income was THB 3,022.86 million compared to THB 3,303.84 million a year ago. Basic earnings per share from continuing operations was THB 0.961 compared to THB 1.05 a year ago.
AP (Thailand) Public Company Limited is a Thailand-based company engaged in property developing business. The Company is principally engaged in real estate development, such as townhouses, single detached houses (SDH), and condominiums, in the residential area or central business district. The Company operates through three business segments: the Low-rise segment, the High-rise segment, and Other segment. The Low-rise segment is engaged in the development of real estate, which comprises single detached houses and townhouses. The High-rise segment is engaged in the development of real estate, which comprises condominiums. The Other segment comprises after-sales services, property brokerage, education and training businesses, and construction services. The offered projects are developed to serve customers by type and price range under various brands, such as Baan Klang Krung, Baan Klang Muang, Pleno, The Palazzo, Soul, Centro, The City, Galerie, The Address, Rhythm, Life, Aspire and Coo.