{"id":3276,"date":"2023-02-22T11:27:00","date_gmt":"2023-02-22T04:27:00","guid":{"rendered":"https:\/\/bct-construction.com\/?p=3276"},"modified":"2025-12-01T11:30:17","modified_gmt":"2025-12-01T04:30:17","slug":"ap-thailand-posts-thb-49388-million-of-total-revenue-net-profit-thb-5870-million-industrys-most-aggressive-launch-plan-confirmed","status":"publish","type":"post","link":"https:\/\/bct-construction.com\/th\/industry-news-th\/ap-thailand-posts-thb-49388-million-of-total-revenue-net-profit-thb-5870-million-industrys-most-aggressive-launch-plan-confirmed\/","title":{"rendered":"\u0e40\u0e2d\u0e1e\u0e35 \u0e44\u0e17\u0e22\u0e41\u0e25\u0e19\u0e14\u0e4c \u0e40\u0e1c\u0e22\u0e23\u0e32\u0e22\u0e44\u0e14\u0e49\u0e23\u0e27\u0e21 49,388 \u0e25\u0e49\u0e32\u0e19 \u0e01\u0e33\u0e44\u0e23\u0e2a\u0e38\u0e17\u0e18\u0e34\u0e01\u0e27\u0e48\u0e32 5,870 \u0e25\u0e49\u0e32\u0e19 \u0e22\u0e49\u0e33\u0e40\u0e14\u0e34\u0e19\u0e15\u0e32\u0e21\u0e41\u0e1c\u0e19\u0e40\u0e1b\u0e34\u0e14\u0e15\u0e31\u0e27\u0e14\u0e38\u0e14\u0e31\u0e19\u0e2a\u0e38\u0e14\u0e43\u0e19\u0e2d\u0e38\u0e15\u0e2a\u0e32\u0e2b\u0e01\u0e23\u0e23\u0e21"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3276\" class=\"elementor elementor-3276\" wpc-filter-elementor-widget=\"1\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0c28729 e-flex e-con-boxed e-con e-parent \" data-id=\"0c28729\" data-element_type=\"container\" data-e-type=\"container\">\t\t\t<div class=\"e-con-inner\">\r\n\t\t\t\t<div class=\"elementor-element elementor-element-a4025bf elementor-widget elementor-widget-text-editor\" data-id=\"a4025bf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong>AP T<\/strong><strong>hailand posts Bht 49,<\/strong><strong>388\u00a0<\/strong><strong>million of total revenues<br \/><\/strong><strong>Net profit Bht 5,870 million, industry\u2019s most aggressive launch plan confirmed\u00a0<\/strong><strong>\u00a0<\/strong><\/p><ul><li><strong>AP Thailand with a brand promise of\u00a0<em>Cheevit Dee Dee Tee Lueak Eng Dai<\/em>\u00a0shares higher-than-expected results for 2022<\/strong><\/li><li><strong>Total revenues (100% JV) top Bht 49,388 million, up 23%<\/strong><\/li><li><strong>Net profit stands at Bht 5,876 million, up 29%<\/strong><\/li><li><strong>Net D\/E at a low 0.58<\/strong><\/li><li><strong>Commits to 2023 AP INCLUSIVE GROWTH with 58 new projects worth over Bht 77,000 million in the pipeline, industry\u2019s most ambitious<\/strong><\/li><li><strong>Set to highlight Q1 with THE CITY\u2019s new home models of 100 square wah to share Bht 20-50 million luxury home market<\/strong><\/li><\/ul><p><em>\u00a0<\/em><em>Bangkok\u00a0<\/em>(21 Feb 23)\u00a0<strong>Mr. Vittakarn Chandavimol<\/strong>, Chief Corporate Strategy and Creation,\u00a0 \u00a0 AP Thailand Public Co., Ltd., said that\u00a0<strong>in 2022 his company was able to generate\u00a0 \u00a0Bht 49,388 million in total revenues from low-rise products, condominiums (100% JV)<\/strong>\u00a0<strong>and other businesses, an increase of 23.4%<\/strong>\u00a0on the same period of 2021 when its total revenues stood at Bht 40,015 million.\u00a0<strong>Net profit in 2022 was Bht 5,876 million<\/strong>, an increase of 29.4% on the previous year when it recorded a net profit of Bht 4,543 million.\u00a0<strong>Net debt-to-equity<\/strong><strong>\u00a0ratio was at a low 0.58<\/strong>.<\/p><p>In the fourth quarter of 2022, the company was able to generate Bht 11,822 million in total revenues from low-rise products, condominiums (100% JV) and other businesses, an increase of 22% while net profit stood at Bht 1,154 million, up 16.1% on the same period of the previous year.<\/p><p><strong>\u00a0<\/strong>The key factors contributing the most to the company\u2019s growth last year included\u00a0<strong>1. Low-rise product portfolio which proved to be a strong performer and remained a major revenue generator earning the company Bht 35,605 million, an increase of 21.8% 2. A strong recovery of the condominium business<\/strong>.<\/p><p>Last year, the company had its revenues earned from three newly completed condominium projects, namely LIFE Sathorn Sierra, RHYTHM Ekkamai Estate and ASPIRE Erawan Prime.\u00a0 As a result, last year the condominium business contributed Bht 12,767 million in revenues (100% JV), an increase of 29.5%.<\/p><p>As for the business plan for 2023, the company is set to move ahead with\u00a0<strong>AP INCLUSIVE GROWTH<\/strong>\u00a0strategy. It will use its expertise create opportunities and advantages in various dimensions as it delivers on the brand promise of giving\u00a0<em>Cheevit Dee Dee Tee Lueak Eng Dai<\/em>\u00a0by\u00a0<strong>launching a total of 58 new projects worth around Bht 77,000 million<\/strong>, consisting of\u00a0 \u00a022 single detached home projects worth Bht 34,800 million, 27 townhome projects worth Bht 26,400 million, 4 condominium projects worth Bht 11,800 million and 5 projects upcountry worth Bht 4,000 million. These projects are projected to bring the company Bht 58,000 million in presales with total revenues target, including those from 100% JV, projected at Bht 57,500 million.<\/p><p>The first quarter\u2019s highlight will be the\u00a0<strong>Single Detached Home Business Group\u2019s aggressive inroads to grab a market share in the luxury home segment<\/strong>\u00a0by rolling out \u00a0\u00a0new of homes of 100-127 square wah with a functional area of 386-560 square metres under<br \/>THE CITY brand in three new locations:\u00a0<strong>THE CITY Charan-Pinklao<\/strong>\u00a0with 58 units worth Bht 1,350 million in total,\u00a0<strong>THE CITY Pinklao-Borom<\/strong>\u00a0with 68 units worth Bht 1,420 million and\u00a0<strong>THE CITY Sukhumvit-Onnut 2<\/strong>\u00a0with 64 units worth Bht 1,380 million.<\/p><p><strong><em>\u00a0<\/em><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>AP Thailand posts Bht 49,388\u00a0million of total revenuesN [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-3276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-th"],"rttpg_featured_image_url":{"full":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",1500,1000,false],"landscape":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",1500,1000,false],"portraits":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",1500,1000,false],"thumbnail":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--150x150.webp",150,150,true],"medium":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--300x200.webp",300,200,true],"large":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--1024x683.webp",1024,683,true],"1536x1536":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",1500,1000,false],"2048x2048":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",1500,1000,false],"post-thumbnail":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--1065x710.webp",1065,710,true],"proactive-portfolio":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--600x600.webp",600,600,true],"gform-image-choice-sm":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",300,200,false],"gform-image-choice-md":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",400,267,false],"gform-image-choice-lg":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn-.webp",600,400,false],"woocommerce_thumbnail":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--600x506.webp",600,506,true],"woocommerce_single":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--600x400.webp",600,400,true],"woocommerce_gallery_thumbnail":["https:\/\/bct-construction.com\/wp-content\/uploads\/2025\/12\/1-AP_Vittakarn--300x300.webp",300,300,true]},"rttpg_author":{"display_name":"dmppe","author_link":"https:\/\/bct-construction.com\/th\/author\/dmppe\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/bct-construction.com\/th\/category\/industry-news-th\/\" rel=\"category tag\">Industry news<\/a>","rttpg_excerpt":"AP Thailand posts Bht 49,388\u00a0million of total revenuesN&hellip;","_links":{"self":[{"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/posts\/3276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/comments?post=3276"}],"version-history":[{"count":0,"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/posts\/3276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/media\/3277"}],"wp:attachment":[{"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/media?parent=3276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/categories?post=3276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bct-construction.com\/th\/wp-json\/wp\/v2\/tags?post=3276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}