Frasers Property (Thailand) Public Company Limited (“FPT”), Thailand’s leading integrated real estate platform, reported a robust performance for the first half of the year (October 2022 – March 2023) with total revenue of THB 7,130 million and a net profit of THB 635 million.
The achievement was largely due to higher contribution from the industrial and commercial portfolio, driven by strong demand for factory and warehouse space, as well as 92% occupancy rate of office space. This increased recurring income by 20% Y-o-Y. In addition, FPT’s residential business performance is in line with expectations, with a focus on developing luxury single homes.
Mr. Thanapol Sirithanachai, Country CEO of Frasers Property (Thailand) Public Company Limited, said: “We are satisfied…
