Wha Corporation - Expect Low Presales and Transfers in 2Q25E
We take a negative view on the outlook for presales and transfers in 2Q25E, which are expected to have remained weak and pressured core profit to...
177 Views
Wha Corporation - Upbeat 1Q25 Earnings Due to High GPM from IE
1Q25 profit came in above expectations, driven by an exceptionally high GPM of 63% for the industrial estate segment. However, as the current...
93 Views
WHA Corporation - 1Q25E Presales to Grow Strongly in Thailand...
We have revised down our 2025-26E core profit forecasts to reflect weaker presales in Vietnam due to the reciprocal tariff.
209 Views
Wha Corporation - Overhang from the WHAID Spin-Off Resolved
We have raised our 2025E core profit forecast by 4% due to a reduction in tax expenses following the postponement of the WHAID spin-off plan and...
175 Views
Wha Corporation - Spinoff Will Not Provide Significant Boost to Long-Term Operations
We revised down our core profit estimates for 2025-26E to reflect a stable operational outlook for both presales and transfers, despite the planned...
182 Views