Wattanapat Hospital Trang Public Company Limited

WPH, or Wattanapat Hospital Trang Public Company Limited, announced that its business has passed its lowest point since the second quarter of 2026 and expects to see a recovery in the third quarter of 2026 due to increased patient demand, especially from Thai patients, who account for about 65% of revenue, while foreign patients are also beginning to recover. The company reaffirmed its 2026 revenue growth target of 18% from the previous year, or 2,750 million baht, supported by the opening of two new hospitals this year: Khun Ao Nang Hospital in Krabi, with 36 beds, which has already opened, and Wattanapat Phuket Hospital, with 100 beds, which is over 90% complete and is scheduled to open this October. Phuket is a major tourist destination for foreigners, especially during the high season at the end of the year, and the company has partnered with international partners to accommodate foreign patient insurance from the start of operations in the fourth quarter of 2026. Analysts from Land and House Securities Public Company Limited have issued a "Buy" recommendation for WPH shares, with a target price of 7.50 baht.