Property development
Builds and sells residential and mixed-use projects, including houses, townhomes, and condominiums, and may also earn income from selling land in project areas.
Customers and revenue model
M
Mida Assets PCL
SET:MIDA
Mida Assets PCL
SET:MIDA
Price:
0.39
THB
2.63%
Market Cap:
฿976.6m
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Company Overview
Business Description
- Sector
- Financials
- Industry
- Financial Services
- Headquarters
- Thailand TH
- Employees
- 906
- IPO date
- Jul 17, 2003
Mida Assets PCL is a Thai real estate company. It builds and sells homes and other property, and it also owns and runs hotels and serviced apartments under the Mida brand. Its customers are mainly homebuyers, property investors, and travelers who need rooms, meeting space, and related services.
The company makes money in a few clear ways. It earns cash when it sells completed property, collects rent from owned buildings, and takes in room and food-and-beverage revenue from its hospitality business. That mix gives it exposure to both one-time property sales and steadier recurring income from rentals and hotels.
What makes Mida Assets different is that it sits on both sides of the property market: development and long-term property ownership. Many real estate firms focus mainly on selling units, but Mida can also hold assets and generate income from them over time. That makes its business tied to land, buildings, and travel demand rather than to software or manufacturing.