WHA Corporation Public Company Limited

Khun Jareeporn Jarukornsakul
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 Group achieved all-time high net profit for 2022 and had a resounding success across its four business hubs as well as 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 2022, the Company reported total revenue and share of profit at THB 15,568 million, and net profit at THB 4,046 million, increasing 30% and 56%, respectively.
Its normalized total revenue and share of profits was THB 15,566 million, growing 29% from the year before, and normalized net profit was THB 4,065 million, up 50% year-on-year with total asset of THB 86,302 million. The Company has also launched “Mission to the Sun”, consisting of 9 programs, to create new products and service enhancing customer satisfaction and to strengthen the development of the organization and personnel of the Company. Core programs include Green Logistics, Digital Assets (Metaverse), Digital Health Tech and Circular.

Financial Highlights

(Unit: Million Baht)

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Revenue
Net Profit
Liabilities

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 1^st 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.