BANGKOK, 16 JANUARY 2024
Frasers Property (Thailand) Public Company Limited or "FPT", Thailand's first and leading integrated real estate company, is establishing a resilient property business that synergises all business groups in its portfolio: commercial, industrial, and residential. For the full 2023 financial year (October 2022 - September 2023), FPT delivered revenue totalling 16,810 million baht. This represents a 2.8% increase from the previous year, generating a net profit of 1,861 million baht, equivalent to 11% of total revenue. Despite a dynamic macroeconomic backdrop impacting its residential property business, the industrial and commercial businesses continued to generate strong recurring rental income throughout the year. As a result, at the Annual General Meeting 2024 (AGM), the company announced a dividend distribution of 0.40 baht per share, which will be paid on 13 February 2024.
FPT will continue to enhance its capabilities and performance to achieve stable and resilient business growth. The company has maintained its “A” level credit rating with a “stable” outlook according to TRIS Rating. FPT also achieved the AA level from SET ESG Ratings, which was formerly known as THSI, and maintained a high-performance standard by attaining the highest ‘A’ rating from the Global Real Estate Sustainability Benchmark (GRESB), a globally recognised sustainability benchmark , with a GRESB Green Star in both the Standing Investments and Development Projects categories.
From left to right:
- Mr. Lim Hua Tiong, Director
- Mr. Chotiphat Bijananda, Chairman of the Management Committee, Director and Authorized Director
- Assoc. Prof. Tithiphan Chuerboonchai, Independent Director, Chairman of Audit Committee, Member of Corporate Governance and Sustainable Development Committee, and Member of Risk Management Committee
- Mr. Chainoi Puankosoom, Chairman of the Board, Independent Director, Member of Audit Committee, Chairman of Compensation and Nomination Committee and Chairman of Corporate Governance and Sustainable Development Committee
- Mr. Chatchaval Jiaravanon, Independent Director, Member of Audit Committee and Member of Compensation and Nomination Committee
- Mrs. Busaya Mathelin, Independent Director
- Mr. Thanapol Sirithanachai, Director, Authorized Director, Member of the Executive Committee, Member of Corporate Governance and Sustainable Development Committee, and Member of Risk Management Committee
