Reported Earnings • May 17First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: ฿382.6m (flat on 1Q 2025). Net income: ฿227.4m (up 12% from 1Q 2025). Profit margin: 59% (up from 53% in 1Q 2025). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Retail REITs industry in Asia.
Declared Dividend • May 15Fourth quarter dividend of ฿0.11 announcedShareholders will receive a dividend of ฿0.11. Ex-date: 25th May 2026 Payment date: 26th June 2026 Dividend yield will be 9.4%, which is higher than the industry average of 8.4%.
Reported Earnings • Feb 15Full year 2025 earnings: Revenues exceed analyst expectationsFull year 2025 results: Revenue: ฿1.60b (down 1.2% from FY 2024). Net income: ฿609.0m (up 66% from FY 2024). Profit margin: 38% (up from 23% in FY 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.2%. Revenue is forecast to stay flat during the next 2 years compared to a 3.4% growth forecast for the Retail REITs industry in Asia.