JPARK Gains 3% with New Airport Parking Concessions Pushing 4Q Growth

On Tuesday, the share price of Jenkongklai Public Company Limited (mai: JPARK) at the time of 12.17 p.m. was at THB 3.12, a THB 0.10 or 3.31% increase with a total trading value of THB 1.36 million.

Santipol Jenwattanaphaisarn, Chief Executive Officer of JPARK, revealed to “Kaohoon” that the company has been selected for a state property lease project to manage the external parking lots adjacent to the passenger terminal at Nakhon Si Thammarat Airport.

The total operational area exceeds 35,129.60 square meters, spanning three lots: Parking Lot A (about 19,376 square meters), Parking Lot B (about 7,716 square meters), and Parking Lot C (about 8,037.60 square meters). The company has been granted a 10-year concession.

In addition, JPARK also won the tender to manage the underground parking lot at Bangkok’s Lan Khon Mueang (Sao Chingcha area). This concession marks another significant milestone for the company as a leader in the parking management business.

Being awarded the concession to manage the 1,084 parking spaces inside the Nakhon Si Thammarat Airport passenger terminal brings JPARK’s total managed parking spaces to approximately 45,000, up from 42,000 at the end of 2024.

The concession underscores JPARK’s operational strength and standards, as well as market confidence in its capabilities. The company remains committed to elevating parking management with intelligent systems and maximum efficiency, leveraging digital technology to ensure customer convenience, safety, and satisfaction at every step.

JPARK is a comprehensive provider and manager of parking solutions in Thailand, with primary service areas in Bangkok, its vicinities, regional airports, and major provincial cities. Its business scope covers parking management, the development of parking technology systems, and related services, said Santipol.

Nakhon Si Thammarat Airport serves as a key transportation hub for Upper Southern Thailand, with a steadily rising passenger volume. Implementing systematic and modern parking standards will enhance passenger experience and the airport’s image, supporting the creation of a robust model for Smart Airport Parking. JPARK aims to expand this initiative to other regional airports in the future.

Santipol added that performance in 4Q25 is expected to improve over the previous quarter and the same period last year, thanks to the increase in new parking spaces and high occupancy rates at existing sites. The company is also bidding on new projects similar to the Nakhon Si Thammarat Airport concession, each with no fewer than 1,000 parking spaces.

However, results for 3Q25 are expected to soften slightly. The board meeting to approve the third quarter financial results and announce the statement is scheduled for November 14, 2025.