ORI Show Q2 "68 Total revenue surpassed 3,270 million baht.
[SPOT] ORI Show Q2 "68 Total revenue surpassed 3,270 million baht, push backlog tough Q3 / 68, focus on transfer of 4 more condo projects, stock up backlog over 4,000 million baht
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Original Property reveals its Q2 2025 results, sweeping over 3,610 million baht in total transfer revenue, 319 million baht in profit, more than 3 times QoQ, while the first six months of cumulative home-condo sales totaled 14,049 million baht, 47% of the target for the year, with a backlog display of over 43,336 million baht, five years of continuous revenue, forward with full-year targets, accelerate sales of new projects alongside ready projects Q3 / 2025, focus on the ownership of four more condos, backlock more than 4,000 million baht.
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In Q2 2025, the company launched two new projects, including GRAND BRITANIA, Bangkok Athletics-Suvarnabhumi, and BRITANIA Bang Hundred Thousand, and the company transferred the ownership of the Origin Plug & Play E22 Station project to Delta Electronics (Thailand) Co., Ltd., or DELTA. Over 278 units, including. In addition, the company was able to close a deal to sell the Mao-class 10th Avenue Retel for over 500 million baht in the "Original Gold Cast World" project for Taiwanese billionaire Andre Koo.
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At the end of Q2 / 2025, the company has a total backlog of more than 43,336 million baht, which will gradually recognize five years of revenue and have newly completed and proprietary transfer projects during Q3 / 2025. The other four projects are The Original Place, Banna, The Original Bang Ka, The Original Ply57, The Hampton Suite Rayong, with backlogs in four condo projects of over 4,000 million baht.
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The hotel business currently has nine hotel businesses in operation and three will be reopened in 2025. Two of them and the Warehouse business currently has nine locations totaling more than 410,744 square meters. As of Q2 / 2025, there are more than 311,850 square meters in operation with a rental rate of 95%.
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