Pinthong Industrial Park Public Company Limited, or PIN, is confident that land transfers in its industrial estates in 2026 will meet the target of 600 rai, despite achieving only 80 rai in the first half of the year. The company expects a significant number of transfers in the fourth quarter of 2026, with negotiations for 300 rai already underway in the third quarter and additional negotiations for at least 300 rai in progress. The company still has over 2,200 rai of undeveloped land to support the continued high demand from Chinese and Japanese entrepreneurs. As for its rental warehouses, which total over 70,000 square meters, the occupancy rate stands at 90%. The company plans to expand by an additional 50,000 square meters to meet rising demand and expects revenue to recover in the fourth quarter of 2026, maintaining a net profit margin of 36-38%.
PINTHONG INDUSTRIAL PARK PUBLIC COMPANY LIMITEDPIN expects to meet its 600-rai 2026 land transfer target on strong Q4 transfers, with 300 rai under negotiation and 300+ rai more in progress amid high Chinese and Japanese demand.
