Message from Chairman of the Executive Committee
and Group Chief Executive Officer
WHA Corporation Public Company Limited
Message from Chairman of the Executive Committee
and Group Chief Executive Officer
WHA Corporation Public Company Limited
WHA Corporation Public Company Limited and its Group of Companies (WHA Group) achieved an all-time high performance in 2023, continuing their success from 2022. This is reflected in their total revenue, share of profit, and net profit, all of which have reached the highest record levels. Additionally, they have received a series of awards, confirming the company’s status as a leading developer of logistics properties, industrial estates, utilities & power, and digital solutions in Thailand and Vietnam. In 2023, the Company reported total revenue and share of profit at THB 17,015 million, and net profit at THB 4,426 million, increasing 9% from the previous year for both items. Its normalized total revenue and share of profits was THB 17,003 million, and normalized net profit was THB 4,420 million, up 9% from the previous year for both items with total assets has grown to THB 90,225 million. The Company targets achieving the goals under the mission of “WE SHAPE THE FUTURE” in bringing a sustainable development to economy, society, the environment, and national sustainable development by leveraging the robust, fully integrated ecosystem built on the 4 business.
Financial Highlights
(Unit: Million Baht)Operation Highlights
LOGISTICS & INDUSTRIAL
PROPERTIES
2.5
MILLION SQ.M. UNDER OWENERSHIP & MANAGEMENT
200+
WELL-KNOWN TENANTS PROFILE ON 41 STRATEGIC LOCATIONS
SUCCESSFUL ASSET MONETIZATIONS INTO WHART & HREIT
WHA TOWER AWARDED “COMMERCIAL HIGH
RISE ARCHITECTURE THAILAND”
FOR ITS CONTEMPORARY, AND
ENVIRONMENTALLY-FRIENDLYDESIGN
INDUSTRIAL DEVELOPMENT
12
OPERATING INDUSTRIAL ESTATES / ZONES AND OTHERS IN PIPELINE
REAL ESTATE DEVELOPMENT OVER 68,900 RAI INCLUDING OPERATE AND UNDER DEVELOPMENT IN THAILAND AND VIETNAM.
WHA INDUSTRIAL ZONE NGHE AN RECEIVING OVERWHELMING INTEREST FROM INVESTORS AND READY TO DEVELOP THE NEXT PHASE.
PARTNERSHIP WITH BUSINESS ALLIES IMPLEMENT 1st INNOVATION AND INCUBATION CENTER TUS PARK WHA WHICH WILL BECOME A SCIENCE PARK IN THE NEXT PHASE
UTILITIES AND POWER
114
MILLION M 3 OF UTILITIES AND SALES MANAGEMENT VOLUME
INITIATIVE OF VALUE ADDED PRODUCTS VIA TECHNOLOGY AND INNOVATION SUCH AS DEMINERALIZED WATER AND INNOVATIVE WASTEWATER TREATMENT
LAUNCH THAILAND’S LARGEST SOLAR CARPARK
POWER CAPACITY INCREASED TO 590 Equity MW.
DIGITAL PLATFORM
FTTx SERVICE COVERING 10
INDUSTRIAL ESTATES
SPEARHEAD DIGITAL INNOVATION & TRANSFORMATION
PARTNERSHIP WITH BUSINESS ALLIES DEVELOPING DIGITAL INNOVATION 5G SOLUTION IN I.E.
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777 WHA TOWER, 23rd - 25th Floor, Moo 13, Debaratna Road (Bangna-Trad) KM.7,
Bang Kaeo, Bang Phli, Samut Prakarn 10540