In the first quarter of 2025, WHA Group reported a normalized profit of THB 2,065 million, an impressive 61% increase year-on-year. Total revenue and share of normalized profits amounted to THB 5,181 million, up 37% year-on-year, driven by robust revenue from land transfers and higher profit margins in the land business, alongside the sustained growth of rental and property services income.
The Group also suggested that it is in negotiations with two major clients, each seeking to acquire 400-500 rai of land. In addition, several data center clients are in advanced discussions to invest in WHA Group's industrial estates, along with multiple large industrial clients currently in negotiation. These opportunities are expected to support WHA Group's performance throughout 2025.
Furthermore, WHA Group remains vigilant in closely monitoring the evolving global economic landscape, particularly the uncertainties caused by the ongoing trade war. The Group will adopt a prudent approach in considering its investment expansion plans, while ensuring financial stability and sustainable growth.