In 2022, the COVID-19 pandemic was continually relieved. Lifestyle, living, and work behaviors have changed to new ways of healthcare, working from anywhere such as home, workplace, or places depending on situations and necessities. Therefore, home buyers have paid attention to the design of spaces and functions for living and working from home as well as keeping distance among family members and taking care of health at home. As a result, the horizontal housing demands have dramatically increased in the previous year, especially the demands of the suburbs of Bangkok, its vicinity, and provinces in the Eastern Economic Corridor (EEC).
For the Company performance in 2022, the Company had a total revenue of 6,295.70 million baht, increasing by 64.99 percent compared to 2021, a net profit of 1,470.54 million baht, increasing by 144.08 percent compared to 2021, and a total asset of 12,842.89 million baht. There were 9 newly launched projects in total, accounting for 12,000 million baht in total. In this regard, in 2022, the Company raised funds from the long-term bond market by issuing and offering its debentures to institutional investors and the public. Tris Rating Company Limited gave the Company’s credit rating and debenture credit rating at “BBB” with a “STABLE” trend, which is the Investment Grade level reflecting the Company’s business operation stability and credibility.
In the past year, the Company’s business performance was accepted by both customers and organizations as clearly seen by certifications for the Corporate Governance Report of 2022 at the “Excellent” level. The Company also received the outstanding real estate project award FIABCI-THAI PRIX D’EXCELLENCE AWARDS 2022 for 2 horizontal housing projects which are Grand Britania Wongwaen Ramintra and Grand Britania Ratchaphruek Rama 5.
Lastly, I would like to thank my valued customers, business partners and alliances, board of directors, executives, and all fellow employees who cooperate in supporting the Company to expand its business continuously with a strong financial position, flexibility in operations, and ability to adapt to various difficult situations in the past year. In this regard, the Company will continue to strive to use innovation and creativity in designing and developing residential projects to meet the needs of residents as a priority by adhering to the principles of conducting business under good corporate governance with social and environmental responsibility to create sustainability for the Company.