IMPACT GROWTH REIT delivered a strong performance in Q3 FY25/26, with net profit surging 42.2% to THB 394.7 million and revenue rising 12.6% to THB 649.7 million, supported by robust MICE and concert traffic. The REIT declared a record quarterly dividend of THB 0.24 per unit, with the XD date set for Feb 26, underscoring solid cash flow and its push toward becoming a full-scale Concert & Entertainment Hub.
Ms. Wanpen Mungpiansakul, Managing Director of RMI Co., Ltd., and the REIT Manager of IMPACT GROWTH REIT, reported the results for the third quarter of fiscal year 2025/2026 (ended December 31, 2025). The REIT posted total revenue of THB 649.7 million, up THB 72.6 million or 12.6% from the same period last year. Net increase in net assets resulting from operations came in at THB 394.7 million, rising THB 117.2 million or 42.2% year-on-year. For the nine‑month period of FY2025/2026, total revenue reached THB 1,689.58 million, supported by higher occupancy and service fees, effective cost management, a significant reduction in maintenance expenses, and lower interest costs.
Net profit came in at THB 394.7 million, an increase of THB 117.2 million or 42.2% from a year earlier, reflecting a strong rebound in MICE and concert traffic during the year‑end high season. This brought nine‑month net profit to THB 949.92 million, up 13.5% from the same period last year.
In Q3 FY2025/2026, the REIT recorded an occupancy rate of 44.4%, while average rental rate (ARR) rose to THB 96.5 per square meter, supported by a surge in large‑scale concerts by both Thai and international artists, which helped enhance the quality of the REIT’s revenue.
Key highlights came from IMPACT Challenger and IMPACT Exhibition Center, which remained the REIT’s primary revenue drivers, while income from domestic corporate clients continued to grow. Improved cost efficiency also helped keep the gross profit margin at a high level of around 88.3%, with the net profit margin standing at approximately 60.8%.
At its Board of Directors meeting No. 2/2026 held on February 12, 2026, the company approved an interim distribution for the REIT, based on operating results from October to December 2025, totaling THB 355.80 million, equivalent to THB 0.24 per unit.
The company set the ex‑dividend date (XD) for February 26, 2026, with the record date on February 27, 2026, and scheduled the distribution payment for March 13, 2026.
The interim distribution of THB 0.24 per unit marks the highest level of the fiscal year, following earlier payouts of THB 0.22 per unit in the first quarter and THB 0.13 per unit in the second quarter. This brings total distributions for the nine‑month period of FY2025/2026 to THB 0.59 per unit.
This distribution of THB 0.24 per unit marks the highest payout of the fiscal year, following earlier distributions of THB 0.22 per unit in the first quarter and THB 0.13 per unit in the second quarter. Total distributions for the nine‑month period of FY2025/2026 amount to THB 0.59 per unit.
“The REIT also stands to benefit over the long term from the Sky Entrance project and the connection to the Pink Line monorail, which are expected to boost traffic and enhance future event potential. In addition, its partnership with IMPACT Live Nation under a 20‑year lease agreement for IMPACT Arena further strengthens its international concert and entertainment portfolio, expanding opportunities across other halls, supporting recurring revenue, and reinforcing IMPACT’s positioning as a long‑term Concert & Entertainment Hub,” Ms. Wanpen said.