Dusit chief has investors expecting a 2025 rebound

SET-listed Dusit International has convinced its investors of a more positive outlook for this year, expecting to generate 16 billion baht in revenue from Dusit Residence transfers and reduced interest burdens.

- NARUMON KASEMSUK

Suphajee Suthumpun, group chief executive, said the pending issues regarding the appointment of four directors and the approval of the financial statements for 2024 should be revisited at the next board meeting.

Mrs Suphajee said the company is on track for a turnaround this year as transfers start to be recorded for 16 billion baht in revenue from the residential components of Dusit Central Park, comprising Dusit Residences and Dusit Parkside, which are roughly 90% sold.

“If there are no unexpected incidents that significantly disrupt our plan, we will start realising revenue from the residences in the fourth quarter this year,” she said.