Origin Property Public Company Limited, or ORI, unveiled a three-year strategic plan under the JUMP+ programme, targeting net profit of approximately 1.432 billion baht in 2028, up 42.6 percent from the previous year. For 2026, net profit is projected at about 808 million baht, an increase of 12.2 percent, and for 2027 at about 1.004 billion baht, an increase of 24.3 percent. The core strategy is a Build-Operate-Exit-Reinvest model, focusing on developing hotels and warehouses to enhance value before selling them into REITs or to other investors, then reinvesting the proceeds. The company plans to launch new projects worth 6.05 billion baht in 2026, 7.3 billion baht in 2027, and 8.6 billion baht in 2028. On the financial side, the company expects to recognise revenue from asset and land sales in the second half of 2026 of about 1.5 to 1.8 billion baht, from placing warehouses of three joint-venture projects with a combined area of 175,107 square metres into the ALPHART trust and selling land in Si Racha, Bangkok, and Phuket. It also aims to reduce its net interest-bearing debt-to-equity ratio from 1.38 times at the end of the second quarter of 2026 to about 1.2 times in 2028.
Origin Property PCLCompany unveils strategic plan targeting higher net profit and asset sales, indicating growth and financial improvement.
