PROUD 2026 growth: Revenue boost from 'Rom Convent' transfer

Khaosod•Economy•1d ago

Reader Briefing

PROUD anticipates significant growth in 2026, driven by accelerated revenue and cash flow from property transfers, particularly 'Rom Convent'.

•PROUD forecasts strong growth in 2026, with revenue and cash flow expected to surge.
•The company has a substantial backlog of over 5,320 million THB as of March 2026.
•PROUD achieved revenue of 1,265 million THB and a net profit of 54 million THB in Q1 2026.

Overview

•As of the end of March 2026, the company has a backlog of transferred ownership valued at over 5,320 million THB.
•PROUD expects outstanding growth in 2026, with revenue and cash flow accelerating from the transfer of 'Rom Convent'.
•In Q1 2026, PROUD recorded total revenue of 1,265 million THB and a net profit of 54 million THB.
•PROUD is expanding its portfolio to the Luxury Landed Residence market with the VARUNN Chaengwattana-Ratchapruek project.
•The luxury condominium market in quality locations remains popular, reflecting PROUD's project potential despite market volatility.
•All main projects are proceeding according to plan for ownership transfers, leading to revenue recognition and increased cash flow.
•PROUD is implementing a phased sales and development strategy to manage risk effectively and maintain investment flexibility.
•PROUD will continue to build a Living Ecosystem and enhance customer value through the 'PROMPT' platform.

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Key Quotes

Pasu

"Amidst the real estate industry's overall situation where many operators face liquidity pressure, PROUD reflects clear differentiation and superior potential over the market."

ท่ามกลางสถานการณ์ภาพรวมอุตสาหกรรมอสังหาริมทรัพย์ที่ผู้ประกอบการหลายรายยังคงเผชิญแรงกดดันด้านสภาพคล่อง PROUD สะท้อนความแตกต่างและศักยภาพที่เหนือกว่าภาพรวมของตลาดอย่างชัดเจน

Key Entities

Organization

PROUD

A real estate development company forecasting significant growth and managing a robust project portfolio.

Person

Pasu(นายพสุ)

An individual quoted in the article who commented on PROUD's market differentiation and potential.

Place

Rom Convent(รมย์ คอนแวนต์)

A property project of PROUD, the transfer of which is expected to accelerate revenue and cash flow.

VEHHA Hua Hin(เวหาหัวหิน)

A real estate project by PROUD with a total project value of 2,371 million THB.

Nue District R9(นิว ดิสทริค อาร์ไนน์ พระราม 9)

A real estate project by PROUD with a total project value of 6,668 million THB.

VI Ari(วี อารีย์)

A real estate project by PROUD with a total project value of 466 million THB, nearing full sales.

The Residences at InterContinental Phuket Resort(เดอะ เรสซิเดนเซส แอท อินเตอร์คอนติเนนตัล ภูเก็ต รีสอร์ท)

A real estate project by PROUD that has achieved over 33% in sales and received international awards.

VARUNN Chaengwattana-Ratchapruek(วารัณย์ แจ้งวัฒนะ-ราชพฤกษ์)

A new luxury landed residence project by PROUD with a total project value of 4,147 million THB.

Law

PROMPT

A platform by PROUD for living and project management, aimed at enhancing living experiences and asset value.