Siamese Asset Public Company Limited

Siam Asset Company Limited, or SA, reported second-quarter net profit for 2026 of 25.17 million baht, up 73.63% from the same period last year, with total revenue of 677.62 million baht, an increase of 20.48%. The main growth came from starting to recognise revenue from the Landmark At Grand Station project and gradually recognising revenue from the Landmark At MRTA Station project, as well as low-rise projects that continued to transfer ownership, pushing revenue from property sales and goods up 24.67%. Hotel business revenue rose 29.16% thanks to the recovery and expansion of the customer base at six hotels in the group, such as Wyndham Bangkok Queen Convention Center and Ramada Plaza Sukhumvit 48. Chief Operating Officer Montien Yingdamnun said the company will press ahead with its pricing strategy, expand its international customer base, especially Chinese, Middle Eastern and Indian customers, while retaining existing customers to build stable long-term growth.

Siam Asset Company Limited reported a second-quarter 2026 net profit of 20 million baht, up from 6.2 million baht in the same quarter last year. For the first six months of 2026, net profit stood at 30.2 million baht, down from 93 million baht in the same period of 2025. Earnings per share this quarter were 0.007 baht, compared with a loss per share of 0.004 baht in the second quarter of 2025. The financial statements were reviewed by the auditor without qualification.

GULF reported record-breaking second-quarter 2026 results, with total revenue of 50.294 billion baht, up 24%, and profit of 12.332 billion baht, up 74% from the same period last year. TQR announced second-quarter 2026 profit exceeding 29.88 million baht, up 48.07%, marking a new consecutive high, while the board approved an interim cash dividend of 0.203 baht per share, payable on 4 September 2026. Meanwhile, SA launched a special offer, "Live free, no installments for 3 years," for the Siamese Holm Phahon–Vibhavadi and Siamese Blossom Phahon–Vibhavadi projects, with additional discounts and privileges until 31 August 2026.

Saim Asset, or SA, has fully repaid its SASST267A debentures on schedule, worth 392.60 million baht, reflecting a strong financial position and financial discipline. The company is set to move forward with its strategy for the second half of 2026, accelerating the transfer of real estate projects to recognize revenue, while expanding its hotel, restaurant, and wellness businesses, as well as its solar solution business through subsidiaries, to increase the proportion of recurring income, reduce volatility, and enhance long-term growth potential.

Saims Asset Public Company Limited, or SA, has fully repaid the secured debentures series SASST267A in the amount of 392.60 million baht on the redemption date of 25 July 2026, reflecting the company's liquidity management capability and financial discipline. Mr. Sutthinon Mankong, Chief Financial and Accounting Officer, disclosed that this repayment underscores the company's commitment and responsibility to investors, even as the real estate sector continues to face economic challenges. In the second half of 2026, the company will accelerate cash flow generation from its real estate business while expanding its hospitality portfolio and solar solution services to increase recurring income and support sustainable growth.

Siam Asset Public Company Limited has unveiled its innovative N-type Bifacial TOPCon solar panel, one of the company's products. This panel can capture solar energy from both the front and back, increasing electricity generation potential. It also features low degradation, performs well in hot weather, and supports long-term use, meeting the needs for reducing electricity costs and ensuring investment value in the future.

Siam Asset Public Company Limited, or SA, assesses that the extension of the reduction in ownership transfer and mortgage registration fees to 0.01% until 30 June 2027 will be a positive factor for the real estate sector in the second half of 2026. It will help reduce the cost burden for buyers and increase incentives for purchasing decisions and ownership transfers. Co-Chief Executive Officer Sunanta Singsansern revealed that this measure is especially important for residences priced not exceeding 7 million baht, a market with a large buyer base, and will help support the clearance of completed project inventory. Currently, the company has a sales backlog awaiting transfer worth approximately 1.8 billion baht, with the Landmark At Grand Station project having gradually begun ownership transfers and revenue recognition since April 2026. The company believes this measure will help create a positive atmosphere and make it easier for consumers to decide to become homeowners.

DPAINT is inviting existing shareholders to subscribe to a rights offering of up to 1.84 billion new ordinary shares, at a ratio of 1 existing share for 8 new shares, with an offer price of 0.20 baht per share. The subscription period runs from 23 July to 14 August 2026. The company plans to use the proceeds to invest in new projects, expand its business base, and create new revenue streams to enhance shareholder returns. Meanwhile, PTG has partnered with TCP to launch a campaign offering free Red Bull drinks to PT Max Card and PT Corporate Card members who refuel at PT Station service stations nationwide, from 21 July to 15 September 2026. SA views the extension of the reduced transfer and mortgage fee to 0.01% until 30 June 2027 as a positive catalyst for the property market in the second half of 2026. The company currently has a sales backlog awaiting transfer worth approximately 1.8 billion baht.