SC Asset Corp PCL

Recommendation

Start reading our world-class research today.

23 articles for SC Asset Corp PCL

SC Asset Corp PCL: Record core profit for 4Q22; lining up for a new high for 2023

Profit in line with our estimate, but beat the consensus. SC reported its highest ever NPAT of Bt935m for 4Q22. SC announced a DPS of Bt0.17 for 2H22.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 17 February 2023

SC Asset Corp PCL: 4-B (Bullets) under 3-Year Plan

Best Quarter: 4Q22 will be SC’s best quarter since pre-COVID era. Business plan unveiled; more high-end launches in 2023. Better-than-expected recurring income, especially the hotel biz.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 28 November 2022

Thailand: Residential Property - Post-results views of managers

Exciting 4Q22 outlook—SIRI is growth leader. All firms under coverage optimistic over 2023 (SIRI most bullish). Construction costs remain high, but high-end sales are strong.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 22 November 2022

Thailand: Residential Property - 3Q22 wrap and beyond

Best quarter so far; LPN, QH, and SIRI stood out. Strong YoY core profit growth led by hefty condo transference. Launch value to more than double YoY in 4Q22, so heavier presales.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 17 November 2022

SC Asset Corp PCL: 3Q22 in line; 4Q22 to be best quarter of year

Good profit growth, as expected. SC reported a core profit of Bt652m for 3Q22. Core earnings rose by YoY and QoQ.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 10 November 2022

Thailand: Residential Property - Unit launches down MoM in Sep

MoM decline in unit launches, but strong high-end growth. Take-up rate down slightly in Sep; lower rates for TH and condo. Heavy launches in 3Q22, but more scheduled for 4Q22.
Bualuang Securities Phoowadol
Phoowadol Phoosodngern @ Bualuang Securities 20 October 2022

Details

Thailand
Asia
Real Estate
About
SC Asset Corporation Public Company Limited develops real estate properties for sale and rental. The Company owns and manages Shinawatra Tower III office building. Additionally, SC Asset and its subsidiaries own Shinawatra Tower I and Shinawatra Tower II office buildings, develop single house, condominium and office building projects, and provide management consultant services.

Associated topics

Equity Asia Thailand SC Asset Corp PCL Real Estate Phoowadol Phoosodngern SC 2022 2021 Consumer Services AP Consumer Discretionary SIRI Land & Houses PCL