← Internet Thailand overview

Internet Thailand vs Wangsu Science Tech: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Internet Thailand Public Company Limited (INET.BK)

Q3 2026
▲4

INET grows cloud and data-centre demand, profit jumps 41%

  • Cloud demand drives data-centre expansion INET is expanding its data centres and local cloud business as demand rises across industries, expecting customers to grow from 6,000 to 8,000. More customers and capacity mean more recurring revenue, which supports the share price.

    Shows the core demand driver behind INET's growth.

  • Education ID deal adds government demand INET signed an MOU with the Ministry of Education to run the Education ID and Learner ID digital identity system. This is a large government contract that adds steady service revenue and strengthens INET's position in public-sector data work.

    A concrete new contract that boosts future revenue.

  • Q2 profit up 41%, margin improves INET's second-quarter profit rose 41% to about 96 million baht, with revenue up 13% and gross margin improving to 56% on strong cloud and digital platform services. Higher profit and better margins make the business more valuable to investors.

    Earnings growth is the clearest sign the strategy is paying off.

  • New data centre and SME cloud ERP launch INET's new INET-IDC4 data centre in Khon Kaen stays on track for 2027, and it launched a cloud ERP service for SMEs with Express Software. Both widen its customer base and future capacity, supporting longer-term revenue growth.

    New capacity and products extend the growth story beyond current demand.

August 2026
▲4

INET grows cloud and data-centre demand, profit jumps 41%

  • Cloud demand drives data-centre expansion INET is expanding its data centres and local cloud business as demand rises across industries, expecting customers to grow from 6,000 to 8,000. More customers and capacity mean more recurring revenue, which supports the share price.

    Shows the core demand driver behind INET's growth.

  • Education ID deal adds government demand INET signed an MOU with the Ministry of Education to run the Education ID and Learner ID digital identity system. This is a large government contract that adds steady service revenue and strengthens INET's position in public-sector data work.

    A concrete new contract that boosts future revenue.

  • Q2 profit up 41%, margin improves INET's second-quarter profit rose 41% to about 96 million baht, with revenue up 13% and gross margin improving to 56% on strong cloud and digital platform services. Higher profit and better margins make the business more valuable to investors.

    Earnings growth is the clearest sign the strategy is paying off.

  • New data centre and SME cloud ERP launch INET's new INET-IDC4 data centre in Khon Kaen stays on track for 2027, and it launched a cloud ERP service for SMEs with Express Software. Both widen its customer base and future capacity, supporting longer-term revenue growth.

    New capacity and products extend the growth story beyond current demand.

Latest
▲4

INET grows cloud and data-centre demand, profit jumps 41%

  • Cloud demand drives data-centre expansion INET is expanding its data centres and local cloud business as demand rises across industries, expecting customers to grow from 6,000 to 8,000. More customers and capacity mean more recurring revenue, which supports the share price.

    Shows the core demand driver behind INET's growth.

  • Education ID deal adds government demand INET signed an MOU with the Ministry of Education to run the Education ID and Learner ID digital identity system. This is a large government contract that adds steady service revenue and strengthens INET's position in public-sector data work.

    A concrete new contract that boosts future revenue.

  • Q2 profit up 41%, margin improves INET's second-quarter profit rose 41% to about 96 million baht, with revenue up 13% and gross margin improving to 56% on strong cloud and digital platform services. Higher profit and better margins make the business more valuable to investors.

    Earnings growth is the clearest sign the strategy is paying off.

  • New data centre and SME cloud ERP launch INET's new INET-IDC4 data centre in Khon Kaen stays on track for 2027, and it launched a cloud ERP service for SMEs with Express Software. Both widen its customer base and future capacity, supporting longer-term revenue growth.

    New capacity and products extend the growth story beyond current demand.

Wangsu Science Tech (300017.CS)

Q3 2026
▲2

Buyback and AI video bet drive Wangsu higher

  • Share buyback for cancellation Wangsu will buy back 300–600 million yuan of its own shares and cancel them, shrinking the number of shares outstanding. This signals management thinks the stock is cheap and lifts earnings per share, supporting the price. It has already spent 183 million yuan repurchasing 12.22 million shares.

    The buyback is the main capital-return action directly supporting the stock price.

  • 300 million yuan bet on AI video generation Wangsu plans to invest 300 million yuan for a 4.4% stake in Sand.ai, a company building video-generation models. This moves Wangsu toward the fast-growing AI content market, giving investors a new growth story beyond its core network business and pushing the stock up.

    This is the new strategic investment that adds an AI growth narrative to the stock.

  • Cloudsway stake sale delayed, Hong Kong unit sold The transfer of Wangsu's 42.3% Cloudsway stake was pushed to August 20, and it will sell its Hong Kong Shenjia unit for just $100,000. Delays and asset sales create uncertainty about restructuring, but also simplify the business and remove a non-core unit.

    This is the main counterweight — a restructuring delay that could weigh on sentiment.

September 2026
▲2

Buyback and AI video bet drive Wangsu higher

  • Share buyback for cancellation Wangsu will buy back 300–600 million yuan of its own shares and cancel them, shrinking the number of shares outstanding. This signals management thinks the stock is cheap and lifts earnings per share, supporting the price. It has already spent 183 million yuan repurchasing 12.22 million shares.

    The buyback is the main capital-return action directly supporting the stock price.

  • 300 million yuan bet on AI video generation Wangsu plans to invest 300 million yuan for a 4.4% stake in Sand.ai, a company building video-generation models. This moves Wangsu toward the fast-growing AI content market, giving investors a new growth story beyond its core network business and pushing the stock up.

    This is the new strategic investment that adds an AI growth narrative to the stock.

  • Cloudsway stake sale delayed, Hong Kong unit sold The transfer of Wangsu's 42.3% Cloudsway stake was pushed to August 20, and it will sell its Hong Kong Shenjia unit for just $100,000. Delays and asset sales create uncertainty about restructuring, but also simplify the business and remove a non-core unit.

    This is the main counterweight — a restructuring delay that could weigh on sentiment.

Latest
▲2

Buyback and AI video bet drive Wangsu higher

  • Share buyback for cancellation Wangsu will buy back 300–600 million yuan of its own shares and cancel them, shrinking the number of shares outstanding. This signals management thinks the stock is cheap and lifts earnings per share, supporting the price. It has already spent 183 million yuan repurchasing 12.22 million shares.

    The buyback is the main capital-return action directly supporting the stock price.

  • 300 million yuan bet on AI video generation Wangsu plans to invest 300 million yuan for a 4.4% stake in Sand.ai, a company building video-generation models. This moves Wangsu toward the fast-growing AI content market, giving investors a new growth story beyond its core network business and pushing the stock up.

    This is the new strategic investment that adds an AI growth narrative to the stock.

  • Cloudsway stake sale delayed, Hong Kong unit sold The transfer of Wangsu's 42.3% Cloudsway stake was pushed to August 20, and it will sell its Hong Kong Shenjia unit for just $100,000. Delays and asset sales create uncertainty about restructuring, but also simplify the business and remove a non-core unit.

    This is the main counterweight — a restructuring delay that could weigh on sentiment.