Supalai Public Company (SPALI) Investor presentation summary

Sales and expansion

• 9M26 pre-sales were 18,519 MB, down 9% YoY from 20,457 MB; 2026 target is 30,000 MB.

• 2026 pre-sales target mix: 41% low-rise provincial, 29% low-rise BKK-M, 24% high-rise BKK-M and 6% high-rise provincial.

• Expansion reached 30 provinces in 2026; Supalai Palm Springs Suphan Buri has 384 units, 2,010 MB project value and prices from 4.39–10 MB.

• 9M26 pre-sales in Australia reached 555 MAUD, 82% of the 680 MAUD target; 2025 pre-sales were 667 MAUD.

• 2026 Australia targets include 15,000 MB pre-sales and 10,500 MB revenue; portfolio covers 25 projects in 4 cities and 6 states, with 207,300 MB project value.

Financial performance

• 9M26 consolidated revenue was 16,502 MB, down 5% YoY; real estate sales revenue fell 6% to 15,565 MB.

• Gross margin was 30.3% versus 34.8%; S&A was 2,582 MB, down 9%, and finance costs declined 18% to 460 MB.

• 9M26 net profit rose 8% to 2,882 MB; basic EPS increased 10% to 1.52 baht.

• At 30 Sep 2026, total assets were 105,374 MB and total liabilities 47,935 MB; net gearing was 64% and average cost of funds 1.68%.

• 2026 consolidated revenue target was 27,000 MB; total backlog was 15,264 MB as of 30 Sep 2026.

Projects and portfolio

• 2026 planned launches comprise 22 projects valued at 29,070 MB: 17 low-rise projects worth 20,090 MB and 5 high-rise projects worth 8,980 MB.

• At 30 Sep 2026, the active portfolio comprised 149,875 units and 550,192 MB in project value; 139,548 MB was available for sale, or 25%.

• 2026 transfers included Supalai Sense Srinakarin at 1,000 MB, Supalai Parc Ekkamai-Pattanakarn at 4,600 MB and Supalai Kram Khao Tao at 480 MB; sold rates were 62%, 47% and 56%, respectively.