Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>Although 1Q26 core profit declined YoY and QoQ as expected, with the majority of backlog land transfers scheduled for 2Q-3Q26E (excluding a major data center client in 1Q26) and no maintenance shutdown at the Gheco-I power plant, we believe 2Q26E performance will improve QoQ.</li><li>WHA reported 1Q26 net profit of Bt1.5bn (-27% YoY, +4% QoQ), including one-off items comprising a Bt737mn gain from the fair value remeasurement of its investment in IER following the consolidation of IER as a subsidiary, as well as FX losses.</li><li>Presales in the quarter reached 951 rai, supported by a major data center client, while the company is currently negotiating additional deals, particularly in the data center and EV segments, totaling around 1.0k rai.</li></ul>

Although 1Q26 core profit declined YoY and QoQ as expected, with the majority of backlog land transfers scheduled for 2Q-3Q26E (excluding a major data center client in 1Q26) and no maintenance shutdown at the Gheco-I power plant, we believe 2Q26E performance will improve QoQ.WHA reported 1Q26 net profit of Bt1.5bn (-27% YoY, +4% QoQ), including one-off items comprising a Bt737mn gain from the fair value remeasurement of its investment in IER following the consolidation of IER as a subsidiary, as well as FX losses.Presales in the quarter reached 951 rai, supported by a major data center client, while the company is currently negotiating additional deals, particularly in the data center and EV segments, totaling around 1.0k rai.

WHA Corporation Plc.(WHA): 2026년 1분기 토지 거래량, 높은 기준치에서 감소

WHA Corp Pcl

WHA Corporation Plc.(WHA): 2026년 1분기 토지 거래량, 높은 기준치에서 감소