AP (Thailand) Public Company Limited (SET: AP) has announced its 1Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Year | 1Q24 | 1Q23 |
| Net Profit (Loss) Million Baht |
1,008.33 | 1,478.40 |
| Earning Per Share (Baht) |
0.3210 | 0.4700 |
| % Change | -31.80 | |
AP reported a net profit for 1Q24 at THB 1,008 million, decreased 31.80% from the same period of last year. Meanwhile, revenue came in at THB 7,939 million, decreased 15.6% YoY due to lower contribution from low rise projects, while condominium saw a rise in sales by 6.4%.
The overall margin stood at 35.7% of revenue, decreased by 90bps YoY.
