Mitihoon – Frasers Property (Thailand) Public Company Limited or “FPT”, Thailand’s first and leading integrated real estate company, is establishing a resilient property business that synergises all business groups in its portfolio: commercial, industrial, and residential. For the full 2023 financial year (October 2022 – September 2023), FPT delivered revenue totalling 16,810 million baht. This represents a 2.8% increase from the previous year, generating generating generating generating generating a net profit of 1,861 million baht, equivalent to 11% of total revenue. Despite a dynamic macroeconomic backdrop impacting its residential property business, the industrial and commercial businesses continued to generate strong recurring rental income throughout the year. As a result, at the Annual General Meeting 2024 (AGM), the company announced a dividend distribution of 0.40 baht per share, which will be paid on 13 February 2024.
FPT will continue to enhance its capabilities and performance to achieve stable and resilient business growth. The company has maintained its “A” level credit rating with a “stable” outlook according to TRIS Rating. FPT also achieved the AA level from SET ESG Ratings, which was formerly known as THSI, and maintained a high-performance standard by attaining the highest ‘A’ rating from the Global Real Estate Sustainability Benchmark (GRESB), a globally recognised sustainability benchmark , with a GRESB Green Star in both the Standing Investments and Development Projects categories.
Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon
