ORN Targets 20% Growth with 4,261 Million Baht Backlog

MGR Online•Economy•20h ago

Reader Briefing

Ornsirin Holding Public Company Limited targets 20% revenue growth driven by a 4,261 million baht backlog and expansion into recurring income businesses.

•Ornsirin Holding (ORN) reports a backlog of 4,261 million baht, consisting of 32% low-rise and 68% high-rise projects.
•ORN plans to launch 4 new projects with a total value of 3,158 million baht.
•The company is diversifying into recurring income through community malls, an international school, and second-hand property management.
•The company is the first real estate developer in Northern Thailand to receive the EDGE Champion standard.

Overview

•Ornsirin Holding (ORN) reports a backlog of 4,261 million baht and net presales of 2,207 million baht for the first 6 months of the year.
•Ornsirin Holding (ORN) is proceeding with ownership transfers for the Habitat Mahidol, Arise Vibe Phuket, and Arise Hill projects.
•Ornsirin Holding (ORN) prepares to launch 4 new projects totaling 3,158 million baht, including The Next Jed Yod 4, The Astra Samui, Arise Business Park, and Believe Wongwaen-San Kamphaeng 2.
•The Backyard community mall has a total rental area of 3,026 square meters with approximately 81% occupancy and began recognizing revenue in Quarter 1, 2026.
•Mill Hill International School Thailand has increased its student population to 176 students, with an expected revenue of over 100 million baht per year starting late Quarter 3, 2026.
•Ornsirin Holding (ORN) utilizes Green Loans to manage financial costs and adheres to the EDGE Champion standard for energy-saving buildings.
•Ornsirin Holding (ORN) observes continued demand in Chiang Mai, Phuket, and Samui due to tourism recovery and interest from foreign investors and long-stay residents.

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Key Quotes

Pridikon Buranaguporn

"The performance for the first 6 months of this year is expected to meet targets, with the company having net presales of 2,207 million baht and a backlog of over 4,261 million baht."

ผลการดำเนินงานช่วง 6 เดือนแรกปีนี้ คาดว่าจะเป็นไปตามเป้าหมาย โดยบริษัทมียอดขายสุทธิ(Net Presale) จำนวน 2,207 ล้านบาท และมียอดขายรอรับรู้รายได้ (Backlog) กว่า 4,261 ล้านบาท

Key Entities

Organization

Ornsirin Holding Public Company Limited(บริษัท อรสิริน โฮลดิ้ง จํากัด (มหาชน))

A real estate developer and the first EDGE Champion in Northern Thailand.

The Backyard(THE BACKYARD)

A community mall business under Ornsirin Holding.

Mill Hill International School Thailand

An international school under Ornsirin Holding with 176 students.

Person

Pridikon Buranaguporn(ปรีดิกร บูรณุปกรณ์)

Chief Executive Officer of Ornsirin Holding Public Company Limited.

Akkhadet Udomsirithamrong(อรรคเดช อุดมศิริธำรง)

Deputy Chief Executive Officer of Ornsirin Holding Public Company Limited.

Place

Chiang Mai(เชียงใหม่)ℹ️

A city in Northern Thailand identified as a key residential and investment location.

Phuket(ภูเก็ต)ℹ️

A major tourist city with ongoing demand for residential property.

Samui(สมุย)ℹ️

A major tourist city with ongoing demand for residential property.