Lalin Property Public Company Limited reported second-quarter net profit for 2026 of 96.36 million baht, up more than 30% from the first quarter, with recognized revenue of 663.36 million baht, recovering about 10% from the previous quarter. Managing Director Churat Chakornkul said the overall property market has already passed its lowest point in the first half of the year and is likely to recover gradually during the rest of the year and into next year, provided no new negative factors add further pressure. The company's gross profit margin rose to 38.6%, above the industry average, while its debt-to-equity ratio stood at 0.83 times and its net debt-to-net equity ratio at 0.64 times, low compared with the property industry average. The company has already repaid debentures and bills of exchange that fell due with a combined value of more than 4 billion baht, and still has agreed support facilities from several partner commercial banks. The board of directors approved an interim dividend payment of 0.11 baht per share, with the record date for shareholders entitled to receive the dividend set for 31 August 2026 and the dividend payment date set for 11 September 2026. Compared with the current share price, that dividend rate represents a full-year dividend yield of about 6.1%.
Lalin Property Public Company LimitedQ2 profit up 30%, interim dividend approved, strong margins and low leverage
