Lalin Property announced its Q2 2026 financial results, showing recognized revenue of 663.36 million baht, a recovery of approximately 10% from the previous quarter. Net profit reached 96.36 million baht, a recovery of over 30%. An interim dividend of 0.11 baht per share was approved, representing a dividend yield of approximately 6.1%.

Mr. Churatch Chakrakul, Managing Director of Lalin Property Public Company Limited, a real estate developer under the concept of "Homes Built with Good Intentions," revealed that the overall real estate market appears to have bottomed out in the first half of the year. For the remainder of the year and into next year, the market is expected to gradually recover, provided there are no new negative factors. What further impacted Lalin's performance? In the second quarter, total revenue reached 663.36 million baht, recovering by approximately 10% from the first quarter.

Meanwhile, the company's cost management in various areas, including construction costs, selling expenses, and administrative expenses, was conducted according to the planned strategy. This resulted in a clear improvement in various Operating Performance Ratios compared to the previous quarter.

"For example, the Gross Profit Margin increased to 38.6%, which is better than the industry average. The Selling Expenses/Revenues ratio improved to approximately 7.1%, while the GA Expenses/Revenues ratio increased to 8.9%. These financial ratios reflect improved management efficiency compared to the previous quarter, resulting in a significant recovery in net profit compared to the first quarter. In the second quarter, the company achieved a net profit of 96.36 million baht, representing a recovery of over 30% from the first quarter," said the Managing Director.

Regarding the second-quarter balance sheet that was announced... This also demonstrates that the company continues to maintain financial discipline and a strong financial position over a long period, which is considered the company's DNA. The debt-to-equity ratio (D/E Ratio) is 0.83 times, and the net debt-to-equity ratio (Net D/E ratio) is only 0.64 times, which are very low compared to the industry average. Over the past year or so, the company has repaid over 4 billion baht in maturing debentures and promissory notes. Furthermore, the company maintains committed lines from several partner commercial banks, demonstrating its strong financial position and liquidity, and its prudent financial risk management.

The Board of Directors approved an interim dividend payment to shareholders at a rate of 0.11 baht per share. This marks the first consecutive interim dividend payment for almost 25 years since the company was listed on the Stock Exchange of Thailand. The Record Date for eligible shareholders is set for August 31, 2026, and the dividend will be paid on September 11, 2026. Compared to the current share price, this represents an annual dividend yield of approximately 6.1%.

For more information on Lalin Property, please contact our Call Center at 1778 or visit www.lalinproperty.com.

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