INVESTOR RELATIONS

Transparency is not only a requirement of good corporate governance; it is the foundation of trust between management and shareholders. Country Group Development has a policy of providing clear and effective shareholder communications that aim to keep our investors well informed and fully engaged with data and decisions that create the basis of our operations.

Our investor relations communications detail our performance and key financial data as well as company information of interest to stakeholders from the investor community and other interested parties. At Country Group Development, we believe that the more you know about what we’re doing and why, the more confidence you’ll have in us.

A FOUNDATION OF
INTEGRITY AND
TRANSPARENCY

Financial Highlight

TOTAL REVENUES

(BAHT MILLION)

TOTAL ASSETS

(BAHT MILLION)

NET PROFIT

(BAHT MILLION)

DEBT TO EQUITY RATIO

(TIMES)

GROSS PROFIT MARGIN

(TIMES)

BOOK VALUE PER SHARE

(BAHT / SHARE)

Unit: Baht Million 2019 2020 2021 2022 2023
Financial Position
Total Assets 28,953 26,912 21,564 18,472 17,063
Total Liabilities 23,910 22,271 17,515 14,188 12,458
Total Shareholders’ Equity 5,043 4,641 4,049 4,151 4,605
Operating Results
Total Revenues 944 3,811 3,537 6,190 4,468
Revenues from Condominium Sales 412 3,263 3,176 5,753 3,963
Cost of Condominium Sales 181 1,960 1,608 3,372 2,304
Gross Profit 231 1,703 1,568 2,381 1,659
Net Loss For The Year (434) (406) (1,439) 385 257
Ratios
Gross Profit Margin (%) 56.0 52.0 49.0 41.4 41.9
Book Value Per Share (Baht / Share) 0.6 0.6 0.5 0.5 0.5
Debt to Equity Ratio (Times) 4.7 4.8 4.3 3.3 2.7
Interest - Bearing Debt to Equity Ratio (Times) 3.2 3.3 2.6 1.8 1.1
Return on Equity Ratios (%) (8.3) (8.7) (33.12) 9.24 5.78