Company Land and Houses

Equities

LH

TH0143010Z08

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Land and Houses

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Residential Real Estate Development

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
7.45 ^THB	+1.36%		+2.05%	-8.59%

Feb. 28	Land and Houses Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Land and Houses Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Land and Houses Public Company Limited is a Thailand-based company, which is principally engaged in property development. The Company operates through two segments: Real estate business, and Rental and service business. Real estate business segment consists of houses, townhouses and residence condominium projects for sale. Rental and service business segment consists of shopping mall, apartment for rent, hotel and project management. The principal business of the Company is residential housing development, concentrating particularly on single detached houses. The Company mostly develops in the Greater Bangkok and its vicinities, and in other cities in Thailand, including Chiang Mai, Chiang Rai, Khon Kaen, Nakhonratchasima, Udonthani, HuaHin, Phuket, Mahasarakham and Ayuthaya. Its projects include inizio Suksawat-Prachauthit, inizio bangna, Villaggio Srinakarin, Villaggio Bangyai, Villaggio Rangsit Khlong 2, Villaggio 2 srinakarin-bangna, Villaggio Phet Kasem - Sai 4 and other.

THB in Million	2022	Weight	2023	Weight	Delta
Real Estate 71.8 %	30,752	87.1 %	18,966	71.8 %	-38.33%
Rental and Service 28.2 %	4,574	12.9 %	7,445	28.2 %	+62.77%

THB in Million	2022	Weight	2023	Weight	Delta
Thailand 96.1 %	34,299	97.1 %	25,390	96.1 %	-25.97%
United States 3.9 %	1,027	2.9 %	1,021	3.9 %	-0.58%

Managers	Title	Age	Since
Naporn Sunthornchitcharoen CEO	Chief Executive Officer	66	90-12-31
Archawin Asavabhokin DFI	Director of Finance/CFO	49	18-03-08
Watcharin Kasinrerk COO	Chief Operating Officer	63	12-12-31
Nantawat Pipatwongkasem CMP	Compliance Officer	65	88-12-31
Chokchai Walitwarangkoon BRD	Director/Board Member	62	12-12-31
Wit Tantiworawong BRD	Director/Board Member	66	90-12-31
Siribhorn Laophaetkit IRC	Investor Relations Contact	-	-
Pornchai Kiatkajornvirat AUD	Comptroller/Controller/Auditor	-	85-12-31
Teera Benjasilarak AUD	Comptroller/Controller/Auditor	65	90-12-31

Members of the board	Title	Age	Since
Piphob Veraphong BRD	Director/Board Member	62	15-04-28
Naporn Sunthornchitcharoen CEO	Chief Executive Officer	66	90-12-31
Nantawat Pipatwongkasem CMP	Compliance Officer	65	88-12-31
Wit Tantiworawong BRD	Director/Board Member	66	90-12-31
Chokchai Walitwarangkoon BRD	Director/Board Member	62	12-12-31
Archawin Asavabhokin DFI	Director of Finance/CFO	49	18-03-08
Bundit Pitaksit BRD	Director/Board Member	58	15-04-22
Watcharin Kasinrerk COO	Chief Operating Officer	63	12-12-31
Chadanuch Meepien BRD	Director/Board Member	-	23-07-05

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	11,949,713,176	7,555,816,741 ( 63.23 %)	0	63.23 %

Name	Equities	%	Valuation
Anant Asavabhokhin 23.93 %	2,860,000,047	23.93 %	580 M ฿
Achanan Asavabhokin 5.665 %	677,000,069	5.665 %	137 M ฿
BBL Asset Management Co., Ltd. 2.621 %	313,213,007	2.621 %	64 M ฿
Social Security Office of Thailand 2.318 %	276,954,740	2.318 %	56 M ฿
Piengjai Harnphanich 1.129 %	134,960,000	1.129 %	27 M ฿
Kasikorn Asset Management Co., Ltd. 1.122 %	134,083,270	1.122 %	27 M ฿
Kittipol Tuantong 1.021 %	122,000,000	1.021 %	25 M ฿
Krungsri Asset Management Co., Ltd. 0.6650 %	79,460,921	0.6650 %	16 M ฿
SCB Asset Management Co., Ltd. 0.5811 %	69,439,501	0.5811 %	14 M ฿
MFC Asset Management Public Co., Ltd. (Investment Management) 0.5124 %	61,232,931	0.5124 %	12 M ฿

Name	Equities	%	Valuation
State Street Global Advisors Ltd. 0.1558 %	18,616,680	0.1558 %	4 M ฿
Sjunde AP-fonden 0.1446 %	17,285,124	0.1446 %	4 M ฿
Pictet Asset Management Ltd. 0.1073 %	12,822,400	0.1073 %	3 M ฿
Northern Trust Fund Managers (Ireland) Ltd. 0.0991 %	11,840,000	0.0991 %	2 M ฿
abrdn Alternative Investments Ltd. 0.0806 %	9,630,500	0.0806 %	2 M ฿
Universal-Investment-Gesellschaft mbH (Invt Mgmt) 0.0394 %	4,706,500	0.0394 %	954 525 ฿
Nomura Asset Management Singapore Ltd. 0.0305 %	3,648,248	0.0305 %	739 901 ฿
Aberdeen Asset Management (Thailand) Co., Ltd. 0.0291 %	3,475,000	0.0291 %	704 765 ฿
Nomura Asset Management Taiwan Ltd 0.0198 %	2,367,727	0.0198 %	480 199 ฿
MainSky Asset Management AG 0.0133 %	1,585,000	0.0133 %	321 454 ฿

Name	Equities	%	Valuation
Nordea Investment Management AB 0.0871 %	10,406,300	0.0871 %	2 M ฿
Aberdeen Asset Management (Thailand) Co., Ltd. 0.0804 %	9,609,200	0.0804 %	2 M ฿
Storebrand Asset Management AS 0.0592 %	7,073,928	0.0592 %	1 M ฿
Pictet Asset Management Ltd. 0.0573 %	6,841,300	0.0573 %	1 M ฿
Universal-Investment-Gesellschaft mbH (Invt Mgmt) 0.0341 %	4,076,500	0.0341 %	815 585 ฿
Nomura Asset Management Europe KVG mbH 0.0335 %	4,000,000	0.0335 %	800 280 ฿
DWS Investments Singapore Ltd. 0.0325 %	3,888,000	0.0325 %	777 872 ฿
Amundi Asset Management SA (Investment Management) 0.0299 %	3,573,900	0.0299 %	715 030 ฿
Research Affiliates LLC 0.0288 %	3,446,000	0.0288 %	689 441 ฿
Goldman Sachs Advisors BV 0.0253 %	3,021,600	0.0253 %	604 532 ฿

Name	Equities	%	Valuation
HOME PRODUCT CENTER 30.23%	3,975,878,432	30.23%	1,155,032,443 $
QUALITY HOUSES 24.98%	2,675,945,601	24.98%	161,332,760 $
LH FINANCIAL GROUP 21.88%	4,634,761,967	21.88%	127,038,826 $
LH HOTEL LEASEHOLD REAL ESTATE INVESTMENT TRUST 14.73%	79,228,210	14.73%	25,839,488 $
LAND AND HOUSES FREEHOLD AND LEASEHOLD PROPERTY FUND 26.96%	88,958,300	26.96%	14,140,811 $
LH SHOPPING CENTERS LEASEHOLD REAL ESTATE INVESTMENT TRUST 9.00%	43,926,000	9.00%	11,858,263 $
QUALITY HOUSES LEASEHOLD PROPERTY FUND 3.67%	29,249,000	3.67%	3,623,366 $
PRIME OFFICE LEASEHOLD PROPERTY FUND 2.53%	12,169,400	2.53%	2,134,513 $

Land & Houses Public Co., Ltd.

1 Q. House Lumpini Building South Sathon Road

10120, Bangkok

+66 2 343 8900

http://www.lh.co.th

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.45 THB

Average target price

8.646 THB

Spread / Average Target

+16.06%

Consensus

Estimates Revisions

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Residential Real Estate Development

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Residential Real Estate Development