TITLE (a Phuket luxury property developer) reported H1 2025 revenue of ฿2,004M, up 377% YoY, with net profit surging 1,358% to ฿293M. The company holds a substantial backlog of ฿22,981M expected to materialize through 2026. Key upcoming deliveries include The Title Heritage Bang Tao (฿6,000M) in H2 and the first villa series, The Title Villa Estella (฿500M, 100% sold). Beyond residential, TITLE is expanding recurring income through hospitality: launching The Salute beachfront dining concept this year and developing 3 hotels with IHG globally. Strong pre-booking discipline (75% deposits collected before delivery) has kept cancellation rates near zero despite market turbulence, supporting consistent revenue recognition across seasons.