WHAUP, Thailand's leading utility and energy business, announced strong Q2/2026 results, with total revenue and normal profit share of 1,258 million baht, up 36% year-on-year, and normal net profit of 532 million baht, up 276%, supported by growing water sales both in Thailand and Vietnam, as well as the recovery of the Gheco-One power plant, which returned to full operation after maintenance shutdown in the previous quarter. Meanwhile, the company is preparing to accelerate investment expansion to support future industries, aiming to create a long-term New S-Curve. The water business will focus on water recycling solutions and efficient water management technology, supporting the Water Positive goal. The power business is preparing infrastructure to support clean energy trading through Direct PPA as soon as the government unlocks the policy, while also studying SMR and Carbon Capture to create new business opportunities alongside sustainability.
WHA Utilities and Power Public Company LimitedQ2/2026 profit up 276% and revenue up 36% beat expectations, driving positive outlook.
