Rabbit looks to return to profit amid divestment

SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.

- KANANA KATHARANGSIPORN

Soraya Satiangoset, chief financial officer at Rabbit, said the largest portion of revenue in the second half of 2025 will derive from the sale of a plot in the Thana City project on Bang Na-Trat KM 14 Road in Bang Phli, Samut Prakan.

“We are under pressure from interest payments, but are striving to return to profit within this year,” she said.

The plot spans nearly 170 rai and is held by Keystone Estate Co, in which Rabbit owns a 50% stake.

The transaction value is 2.52 billion baht, of which Rabbit is expected to receive 1.26 billion baht.

The buyer is Kingkaew Assets Co Ltd, a subsidiary of BTS Group, which plans to develop a property project on the site.