AMATA's share price closed the morning session up 13.22% at 34.25 baht, driven by several positive factors, including progress on the PDP2026 plan, which is expected to become clearer by the end of September, helping to unlock data center projects and reigniting the data center/AI theme. Additionally, the company posted strong Q2/2026 results, with net profit of 1,795 million baht, up 564.62% year-on-year, and revenue of 4,068 million baht, up 71.25%, supported by the transfer of 288 rai of land valued at 2,206 million baht. Furthermore, the company targets land sales of 2,800 rai in 2026, with 22 clients under negotiation, 70–90% of which are Chinese clients, reflecting demand from production base relocation. The atmosphere at Thailand Focus 2026 also helped create positive sentiment for industrial estate stocks.
Amata Corporation Public Company LimitedQ2 profit surge and land transfer indicate strong demand for industrial land, with 70-90% of clients being Chinese due to production base relocation.
