A year after the coming together of the Virgin Media cable business with the O2 mobile platform has seen the merged company increase its fixed and mobile custom.
WHA Corporation Public Company Limited, or WHA Group, announced its Q12021 performance with total revenue and share of profits of THB 1,405.7 million, and a net profit of THB 134.7 million. Total normalized revenue and share of profits from operations stood at THB 1,454.3 million and normalized profits at THB 183.8 million. Chairman and Group CEO, Ms. Jareeporn Jarukornsakul assured performance of 4 business hubs still strong despite the current wave of Covid-19. Logistics business shows bright prospects with an influx of tenants. In Thailand, Industrial Estate land sales are better than expected, while in Vietnam, WHA Industrial Zone-Nghe An continues to expand. The Utilities business is recovering remarkably with the increased customer consumption of both water and power. All businesses foresee a promising outlook in the second half of this year, with customers ready to sign warehouse rental and land sale contracts. The company also targets to divest assets to REIT in Q42021.
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