WHA Group Announces Positive Outlook Secures New Deals and Targets Increased Land Sales

Ms. Jareeporn Jarukornsakul (right), Chairman of the Executive Committee and Group Chief Executive Officer of WHA Corporation Public Company Limited (WHA Group), along with Mr. Natthapatt Tanboon-ek (left), Chief Financial Officer, presented the company’s strong half-year performance during an online Investor Relations event (Opportunity Day) held at WHA Tower.

The Group reported a net profit of 2,653 million THB, an increase of 91% (YoY), and total revenue and share of profit of 7,273 million THB. Looking ahead to the second half of the year, WHA announced positive news regarding the imminent closure of new land sale deals, leading to an upward adjustment of its land sales target. The company also highlighted the continued strong demand for built-to-suit warehouses and factories, with new lease agreements expected to be signed in the coming months. Additionally, WHA unveiled MOBILIX, Thailand’s first comprehensive electric vehicle ecosystem, marking a significant step towards sustainable transportation. The utilities business, encompassing water and electricity, has demonstrated growth in line with increased consumption from customers in both Thai and Vietnamese industrial estates. Furthermore, the company is accelerating its digital transformation journey, aiming to become a technology-driven organization in 2024 by leveraging AI across all operations. This aligns with WHA’s mission of “WE SHAPE THE FUTURE” and its commitment to building a sustainable future.