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WICE Logistics PCL

Wice Logistics Public Company Limited, together with its subsidiaries, engages in freight forwarding business in Thailand and internationally. It operates through four segments: Sea Freight, Air Freight, Cross-Border Service, and Supply Chain Solution. The company offers sea freight services, including full and less than container loads; air freight services, such as door-to-door delivery, hand carrier, and customized logistic solutions; and internal transportation services using trailer trucks, dump trucks, lorries, and minivans, as well as cross-border and inland transportation services. It also provides distribution and logistics solutions comprising multi-user warehouses, dedicated warehouses, and warehouse management, as well as logistics services. The company was formerly known as Wice Freight Services (Thailand) Company Limited and changed its name to Wice Logistics Public Company Limited in April 2015. Wice Logistics Public Company Limited was founded in 1993 and is headquartered in Bangkok, Thailand.

Price · split & dividend adjusted
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WICE to Accelerate Network and Supply Chain Expansion in H2, Leveraging AI to Drive 15% Revenue Growth

WICE Logistics has announced its plan for the second half of 2026, focusing on expanding its customer network and regional trade routes, while strengthening its capabilities to penetrate the US market in response to international transport demand. The company targets a 15% growth in total revenue this year, following first-half revenue of 2,801 million baht and net profit of 48 million baht. Meanwhile, its sea and air freight businesses have seen a continuous increase in volume, reflecting sustained demand for international transport, particularly on routes to the US. In its supply chain solutions business, the company has expanded its service area to 158,020 square meters and launched new services such as On-site Manufacturing Support Logistics for the agricultural sector, Foods Ingredient GMP Warehouse, Domestic Distribution, and 4PL services to enhance comprehensive capabilities. Additionally, it is advancing its JUMP+ plan, which leverages AI to develop a customer management platform and automated cost data analysis, as well as developing a Centralized Digital Infrastructure to elevate revenue quality and long-term competitiveness.
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Energy Transition & Power Demand

GULF, SCGP, MPJ, SUPER, and WICE announce investment plans and results

Several Thai listed companies announced business updates at the same time. GULF disclosed that three joint ventures signed project loan agreements totaling no more than 8.6 billion baht with a 22-year tenor to develop three wind power projects with combined capacity of 208 megawatts. Commercial operation dates are expected to be phased in during 2027, with 25-year power purchase agreements with EGAT. Meanwhile, SCGP is spending 9.846 billion baht through Siam Kraft Industry Company Limited, a wholly owned subsidiary, to expand gypsum board paper production capacity in Kanchanaburi province by another 400,000 tonnes per year, with commercial operations expected in the fourth quarter of 2028. MPJ reported second-quarter 2026 net profit of 51.1 million baht, up 69.2 percent, and first-half profit of 74.8 million baht, up 25.1 percent, while maintaining this year's revenue target of 1.264 billion baht, growth of 18 percent, and preparing capital spending of more than 1.14 billion baht over the next two to three years, including expanding its Laem Chabang container yard by another 28 rai, with service expected to begin in the second quarter of 2027. SUPER signed a long-term credit facility with the Bank for Investment and Development of Vietnam worth 8.3 trillion dong, or about 1.065 billion baht, to support phase one of the Soc Trang Wind Power Plant with capacity of 30 megawatts. The loan has a 15-year tenor. WICE unveiled its second-half 2026 strategy, moving forward with expanding its customer network and regional trade routes, while also entering the US market and expanding its service area to 158,020 square metres.
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Cloud & Digital Infrastructure

Thai stock market closes down 5.30 points; TKC profit surges 348%

The Thai stock market closed at 1,609.06 points, down 5.30 points or 0.33%, with turnover of 81.76 billion baht. TKC reported second-quarter 2026 profit of 87.38 million baht, up 348%, and total revenue of 1.03 billion baht, up 148.67%, driven by the national learning management platform development project and the expansion of central government cloud services, with a backlog of 3.35 billion baht. The board of SO approved an interim dividend for the first six months of 2026 at 0.18 baht per share, with the stock trading ex-dividend on 27 August 2026 and payment on 10 September 2026, after total revenue of 1.43 billion baht and net profit of 102.92 million baht. WICE reported first-half service revenue of 2.8 billion baht, up 22.4%, and net profit of 48 million baht. Mono Streaming, a subsidiary of MONO, has chosen the AWS Asia Pacific Thailand Region to upgrade the infrastructure of its Monomax platform, which has more than 4 million registered users, in preparation for 4K streaming of the 2026/27 Premier League football season.
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WICE first-half revenue surges 22.4%, net profit 48 million baht

Wice Logistics Public Company Limited, or WICE, reported first-half 2026 results with service revenue of 2.801 billion baht, up 22.4% from the same period last year, and net profit of 48 million baht. Both import and export freight volumes continued to grow, reflecting still-solid demand for logistics services despite pressure from higher fuel costs. The company has accelerated service price adjustments with nearly all customers since April and is moving forward with strict internal cost management, including managing inbound and outbound trips, so that profitability improves in line with growing volumes.
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