PROUD Real Estate Public Company Limited (PROUD) is confident in maintaining a strong financial position in 2026, supported by revenue recognition from ready-to-transfer projects including VEHHA Hua Hin, NUE District R9, ROMM Convent, VI Ari, and VARUNN. The company currently reports a backlog of THB 6.13 billion, ensuring future revenue streams. PROUD delivered outstanding performance in 2025, with total revenue surging 187%, ranking the company 8th among listed residential developers. The company plans to propose a dividend of THB 0.09 per share, representing a high yield of approximately 9%, the highest among residential property developers. PROUD also continues to expand its business for sustainable long-term growth, aiming to generate consistent returns for investors.Pasu Liptapanlop – Real Estate/ Hospitality
Pasu Liptapanlop, Managing Director of PROUD, stated that the company’s financial strength is expected to remain robust in 2026, driven by revenue recognition from ongoing projects, including VEHHA Hua Hin, NUE District R9, and VI Ari, which have been recognizing revenue since last year. VARUNN is set to start revenue recognition in Q1/2026, while ROMM Convent will begin transfers in Q2/2026. Revenue will be recognized continuously throughout the year, providing a steady cash flow to further strengthen the company’s financial position. Currently, PROUD has a total backlog of THB 6.13 billion.
PROUD demonstrated remarkable growth, achieving THB 6.37 billion in property sales revenue, a 187% increase, with net profit rising 196%. This performance has elevated PROUD to 8th place among residential property developers listed on the Stock Exchange of Thailand. The growth reflects revenue recognition from luxury projects targeting buyers with strong purchasing power, aligned with the company’s strategy of carefully selecting and developing high-potential projects. This approach allows the company to maintain stable profit margins and demonstrates the ongoing demand for unique properties in prime locations, which is crucial for long-term value creation and sustainable growth.
The company’s strong financial foundation enables it to deliver attractive returns to shareholders. PROUD plans to propose a dividend of THB 0.09 per share, representing a dividend yield of approximately 9% (based on the closing price on March 16, 2026), the highest among listed residential property developers.
Pasu added that, beyond dividend returns, PROUD is fully prepared to expand its business through the development of high-potential luxury projects, which can generate long-term value appreciation. The company focuses on careful project selection, efficient cash flow management, and cost control to maintain profitability while prudently managing financial structure. This balanced approach supports sustainable growth, continuous investment in new projects, and provides consistent long-term returns to shareholders.
