Wha Corporation - Overhang from the WHAID Spin-Off Resolved
We have raised our 2025E core profit forecast by 4% due to a reduction in tax expenses following the postponement of the WHAID spin-off plan and...
168 Views
Wha Corporation - Spinoff Will Not Provide Significant Boost to Long-Term Operations
We revised down our core profit estimates for 2025-26E to reflect a stable operational outlook for both presales and transfers, despite the planned...
162 Views
Wha Corporation - Downbeat 4Q24 Earnings Due to Low Land Selling Prices but Upbeat GPM
4Q24 core profit came in lower than expected due to weak industrial estate revenue, likely owing to a high proportion of old land transfers (with...
156 Views
Wha Corporation - Revise Down Earnings Forecasts to Reflect Lower Asset Sales to REIT
We expect 4Q24E core profit to have declined YoY but increased QoQ, coming in lower than previously estimated. As a result, we revise down our...
147 Views
Wha Corporation - Downbeat 3Q24 Earnings Due to Low Transfers and GPM
We maintain a Neutral rating with a negative view on the fundamentals, as the stock price has increased by 9% YTD, creating upside of approximately...
168 Views