AP Thai reports THB 36.90 billion in presales: what it means for AP Thai stock

Published on 10/20/2026 at 03:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AP Thai plans 15 projects worth THB 14.19 billion in the fourth quarter of 2026. AP Thai stock gets a THB 36.90 billion demand benchmark.

Demand and financial scale

AP Thai reported THB 36.90 billion in net presales for the first nine months of 2026 on October 15, 2026.
The company plans 15 new projects worth THB 14.19 billion in the fourth quarter of 2026.
AP Thai's market capitalization was THB 24.7 billion as of October 19, 2026.

AP Thai, TH0308010Y08, Illustration mit AI erstellt.

AP Thai (ISIN TH0308010Y08) reported net presales of THB 36.90 billion for the first nine months of 2026, equal to 75 percent of its full-year target of THB 49.00 billion. The update dated October 15, 2026 also outlined 15 new projects worth THB 14.19 billion for the fourth quarter, according to AP Thai.

Three milestones set the pace

On June 30, 2026, AP Thai's second-quarter reporting period showed total revenue of THB 10,777 million and net profit of THB 1,063 million. On October 3, 2026, APITOWN Buriram generated THB 440 million in launch sales. On October 15, 2026, nine-month net presales reached THB 36.90 billion, with the low-rise portfolio contributing THB 30.145 billion, according to the company update.

What does 75 percent mean?

Reaching 75 percent of the annual presales target by the end of September leaves THB 12.10 billion to reach the THB 49.00 billion goal. The planned fourth-quarter launches therefore represent a pipeline worth THB 14.19 billion, larger than the remaining target gap. Kaohoon International reported the same nine-month presales figure and said the company was moving ahead with its full-year target.

Financial base and next date

For the first half of 2026, AP Thai's investor-relations materials list total revenue of THB 20,324 million and net profit of THB 1,967 million. The company also showed total backlog of THB 39,626 million, including THB 21,150 million in condominium projects. Its next scheduled investor event is an analyst meeting on November 12, 2026, according to the company calendar.

SET valuation stays in view

AP Thai is listed on the Stock Exchange of Thailand under ticker AP.BK and operates in residential real estate, including low-rise housing, condominiums and related services. The last SET quote was THB 7.85 on October 19, 2026 at 4:36 p.m. ICT. Market capitalization stood at THB 24.7 billion, while the 52-week range was THB 6.85 to THB 9.70.