Singha Estate first-half revenue hits 6.1 billion baht, office business sets new high

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Singha Estate reported total revenue for the first half of 2026 reached 6.153 billion baht, with second-quarter revenue of 2.89 billion baht, and more than 90% coming from recurring income businesses. The EBITDA margin rose to 26%. The office rental business posted revenue of 645 million baht, up 9%, and normalised profit set a new record high of 323 million baht, up 38%. The industrial estate and infrastructure business recorded revenue of 90 million baht, surging nearly threefold, driven by the recognition of land title transfers covering 13 rai, with plans to transfer additional land to data centre operators in the second half of the year. The hotel business in Fiji achieved an average occupancy rate of nearly 90%, and average revenue per room set a new record high of 625 Fijian dollars. The One River Rama 3 joint venture project has sold out and is expected to be handed over in late 2026.

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Singha Estate Public Company Limited
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First-half revenue and profit records, with office business profit up 38% and industrial estate revenue surging nearly threefold.