Proud Real Estate Public Company LimitedAccelerating handover of luxury condos to convert backlog into revenue, with Q2 profit up 314%.

PROUD unveils its plan for the second half of 2026, accelerating the handover of three luxury condominium projects: ROMM Convent, VEHHA Hua Hin, and Nue District R9, to convert its backlog of 4,008 million baht into revenue and cash flow. The company maintains its Wellness Real Estate strategy, targeting high-purchasing-power customers both in Thailand and abroad. For Q2/2026, the company reported total revenue of 1,729 million baht and net profit of 106 million baht, up 314%. In the first half, total revenue was 2,994 million baht, with net profit of 161 million baht, growing 78%. Mr. Pasu Liptapallop, Executive Director, stated that the company will manage costs and capital structure prudently to reduce the debt-to-equity (D/E) ratio and strengthen its financial position, while still seeing opportunities in the upper-end market that emphasizes quality over expansion.
Proud Real Estate Public Company LimitedAccelerating handover of luxury condos to convert backlog into revenue, with Q2 profit up 314%.