Precha Group Public Company Limited, or PRECHA, has announced a plan to expand its real estate business, targeting total revenue of 1 billion baht within three years, during 2026 to 2028, after its first-half 2026 results showed total revenue of 122.92 million baht, an increase of 720% compared with the same period a year earlier. Chief Executive Officer Rongrit Thammasathit said the company is confident that total revenue for 2026 will be no less than 250 million baht, supported by the continued gradual delivery and transfer of ownership of the Prime Westgate project. The company is preparing to launch two new projects under the PRESENSE brand: the PRESENSE Rattanathibet–Westgate project, developed as detached and semi-detached houses, which has already received project financing from a financial institution and will begin transferring ownership and recognising revenue from December 2026; and the PRESENSE Lat Krabang–Suwinthawong project, located in an area connected to Suvarnabhumi Airport and industrial estates. Both projects will build a backlog to support continuous revenue recognition through 2028.
Preecha Group Public Company LimitedPRECHA targets 1 billion baht revenue in three years after 720% first-half growth, driven by new PRESENSE project launches and transfers of ownership building backlog through 2028.
