AP Thailand PCL

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64 articles for AP Thailand PCL

Thailand: Residential Property - Strong condo transference in 4Q22

Condo demand see strong improvement in 2H22 to 2023. Foreign condo demand rising strongly this year. RTM condo units are preferred by Chinese buyers.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 28 March 2023

Thai: Residential Property-Unit launches dived MoM in Feb, but SDH starts jumped

Unit launches down MoM in Feb, but low-rise starts jump MoM. Take-up rate down a bit in Feb; SDH a lower proportion of presales. More launches in Mar; expected to be heaviest month of 1Q23.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 16 March 2023

Thailand: Residential Property - The best is yet to come

Low season in 1Q23; the next quarter will be better! All firms under coverage optimistic over 2023. Construction costs down YoY, but high-end remains in the sky.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 10 March 2023

Thailand: Residential Property - Low-rise growth set to continue through 2023

4Q22 was best quarter so far; LH, PSH, SC, and SIRI stood out. Strong YoY core profit growth profile for 2023. 2023 launch value expansion, so heavier presales.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 8 March 2023

AP Thailand PCL: 4Q22 result in line; street likely to up-size 2023 forecast modestly

In line with our estimate and the consensus. AP posted a 4Q22 net profit of Bt1,155m. AP announced a DPS of Bt0.65 for 2022.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 22 February 2023

Thai:Residential Property - Unit launches rose MoM in Jan 2023, but value dipped

MoM rise in unit launches, led by low-end condo starts. Take-up rate up a bit in Jan; condos a bigger proportion of presales. More scheduled for 2023; 2H23 expected to be heaviest start quarter.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 15 February 2023

Details

Thailand
Asia
Consumer Services
About
AP Thailand PCL is a property development company. The Company develops residential property projects in Bangkok areas as well as manufactures and distributes precast concrete products.

Associated topics

Consumer Discretionary Equity AP Thailand PCL Consumer Services Asia Thailand Phoowadol Phoosodngern Real Estate SIRI 2022 SPALI Sansiri PCL SC 2023