Land and Houses Public Company Limited, or LH, reported net profit for the second quarter of 2026 at 525.67 million baht, down 61.8% from 1,375.08 million baht in the same period last year. Total revenue was 4,441.50 million baht, down 23.9% from 5,832.70 million baht. The main reason was sales revenue falling 41.1% to 2,401.80 million baht, while rental and service income rose 16.1% to 2,039.7 million baht. Share of profit from investments in associates was 803.20 million baht, up 130.70 million baht. For the first six months of 2026, net profit was 1,220.47 million baht, down 44.8% from 2,212.48 million baht, and total revenue was 9,018 million baht, down 14.5% from 10,553.2 million baht. LH's current share price is 3.70 baht, down from 9.90 baht in 2022, causing market capitalisation to fall from 118,302.16 million baht to 44,213.94 million baht.
Land and Houses Public Company LimitedNet profit fell 61.8% and revenue dropped 23.9% in Q2 2026, with sales revenue down 41.1%.
