ORI Announces Record-High Earnings in 2022 at THB3.77 Billion, Offering THB0.57 Dividend Payout

Origin Property Public Company Limited (SET: ORI) has announced its 2022 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
3,774.54 3,193.94
Earning Per Share
1.5382 1.3021
% Change 18.18

ORI reported a net profit of 3,774.5 million baht, which increased 18.2% when compared to the same period from previous year, in which, considered to be a new all-time high net profit and transferred activities with a net profit margin of 24.0%.

Real estate transferred activities of condominium and housing estate totaled 18,508.7 million baht. As results of transferred activities from non-joint ventures company amount of 11,676.4 million baht and joint ventures company amount of 6,832.3 million baht.

The company has an announcement for dividend payment amount 0.57 baht per share, representing a dividend yield of 6.05% to be paid on 25 May 2023. The ex-dividend date is on 8 May 2023.