Business Segments AP (Thailand)

Stocks

End-of-day quote Thailand S.E. 2026-09-04			5-day change	1st Jan Change
8.000 ^THB	0.00%		-1.84%	-6.98%

08-13	AP Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
07-30	KGI Securities Upgrades AP Thailand to Outperform from Neutral; Price Target is THB9.40	MT

Breakdown by Business Segment (THB)

Fiscal Period: December	2021	2022	2023	2024	2025
Land Sub Dividers And Developers
Low - Rise Segment	29.26B	35.6B	34.66B	32.2B	34.18B
Total Assets	43.02B	51.68B	66.86B	67.02B	68.22B
CAPEX	-1M	-	-	-	-
Operating Income	6.82B	8.96B	9.42B	7.78B	7.32B
	-	-	-	-	0
High - Rise Segment	1.64B	1.92B	2.42B	3.12B	1.68B
Total Assets	5.7B	5.29B	5.35B	4.49B	5.33B
CAPEX	-2M	-	-	-	-
Operating Income	379M	352M	633M	622M	463M
	-	-	-	-	0
Real Estate Agents And Brokers
Other Segments	1.23B	1.65B	1.81B	2.04B	2.12B
Total Assets	151M	146M	271M	579M	567M
CAPEX	16M	-	-	-	-
Operating Income	428M	568M	560M	723M	661M
	-	-	-	-	630M
Unallocated Other Income	186M	167M	354M	-	-
Operating Income	186M	167M	354M	472M	281M
Operating Income	-3.34B	-4.31B	-4.54B	-4.08B	-3.83B
Elimination of Inter-Segment Revenues	-337M	-631M	-848M	-383M	-630M
Operating Income	195M	236M	138M	385M	306M
Total Assets	11.54B	11.1B	11.46B	12.81B	11.54B
CAPEX	-573M	-	-	-	-

Geographical breakdown of sales (THB)

Fiscal Period: December	2021	2022	2023	2024	2025
Thailand	31.96B	38.7B	38.37B	37.43B	37.61B
Total Assets	60.41B	68.23B	83.94B	84.89B	85.66B
Interest Expense	-210M	-61.03M	-205M	-645M	-574M
Income Tax Expense	869M	1.23B	1.3B	1.15B	942M
D&A	229M	232M	234M	235M	215M
CAPEX	-52.78M	-193M	-66.27M	-36.11M	-46.19M
Net Income	4.54B	5.88B	6.05B	5.02B	4.32B
EBT	5.41B	7.11B	7.36B	6.17B	5.26B
Operating Income	4.67B	5.98B	6.56B	5.91B	5.2B