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Laundry You Public Company Limited

Laundry You Public Company Limited operates and franchises coin-operated laundry shops under the WashXpress brand in Thailand. It sells and services coin-operated washing machines and dryers, and provides related services such as vending machine sales, franchise support, installation services, and ironing and folding. The company also offers a customer loyalty program and the WashXpress mobile app. Incorporated in 2018, it is based in Samut Prakan, Thailand.

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WASH Reports First-Half Revenue Growth of 10.64%, Continues to Install Air Conditioning in 100 Branches

WASH, or Laundry U Public Company Limited, the leader in the full-service self-service laundry business under the WashXpress brand, announced its operating results for the first six months of 2026, with total revenue of 524.57 million baht, a growth of 10.64%. The company has installed air conditioning in 70 branches, against a target of 100 branches this year, and branches with air conditioning have seen revenue growth 15% higher than regular branches. Meanwhile, it continues to invest in solar rooftops to manage energy costs and expand its delivery service for pick-up and drop-off laundry, which now covers over 162 branches in Bangkok and its vicinity. For the second half of the year, the company expects its performance to grow better than the first half, especially in the third quarter, which is the rainy season when customers use laundry services more. Additionally, new branches and expanded services will support continuous growth.
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WASH reports Q2 2026 profit down 59.43% on surging branch expansion costs

Laundry You Public Company Limited, or WASH, reported second-quarter 2026 net profit of 13.15 million baht, down 59.43% from the same period last year, due to higher operating costs from continued new branch expansion and upgrades of existing branches. For the first six months of 2026, net profit was 32.32 million baht, down 36.53% from a year earlier. CEO and co-founder Chisanuphan Tangchalermkul said the company opened 53 new branches in the first half, up from 34 in the same period last year, and revised its full-year 2026 new branch target down from 100 to 80 branches to align with market conditions and potential locations. Meanwhile, the company has installed air conditioning at 87 branches, up from 17 at the end of 2025, and plans to add another 30 branches to reach 100 by the third quarter of 2026. Branches with air conditioning posted same-store sales growth up to 15 percentage points above the company average. Same-store revenue growth for the first six months of 2026 fell 3.6%, and in the second quarter of 2026 fell 8.8%, due to a high base from unusually heavy rainfall last year, along with a slowing economy and weaker consumer purchasing power. However, total assets as of 30 June 2026 stood at 2,825.52 million baht, up 4.01% from the end of 2025, while the company maintained an appropriate debt-to-equity ratio.
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WASH launches home pickup and delivery laundry service at 139 branches out of over 600 nationwide

WASH has officially launched its home pickup and delivery laundry service, now available at 139 branches from its network of over 600 nationwide, aiming to expand its customer base and increase service frequency. Mr. Chisanuphan Tangchalermkul, Chief Executive Officer and Co-founder, revealed that the service enhances customer convenience through appointment scheduling on the WashXpress application. At the same time, the company is running an 8th-anniversary campaign offering benefits and prizes worth over 1 million baht to encourage app usage.
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