SPALI Reports ฿1.5bn. Of Profit in 1Q19 from Revenue Growth

SPALI reported a net profit in 1Q19 at THB 1,527.36 million, increased THB 603.91 million or 65.40% mainly due to revenue from sales of real estate.


Supalai Public Company Limited (SPALI) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:


SPALI reported a net profit in the first quarter of 2019 at THB 1,527.36 million, increased THB 603.91 million or 65.40% from the same period of the last year, mainly due to the increase in revenue from sales of real estate and the decrease in selling and administrative expenses. Additionally, SPALI can better control cost of real estate sales. Therefore, basic earnings per share was THB 0.71 per share or increased from THB 0.51 per share of the same period of the last year.

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