Here are the research reports our analysts have prepared on the Thai companies you can invest in through SDR.
SCC: 4QFY23 earnings back in the red on ex-item
SCC swung back to a net loss of Bt1,134mn in 4QFY23 due chiefly to a cement asset impairment charge in Myanmar.
KBANK: High-quality growth target
Management has guided for a loan growth of 3%-5% for FY24 as the bank will shift its focus to high-quality loans in selective recovering sectors and international loans.
GULF: Venturing into waste-to-energy investments
GULF has announced an investment in a firm developing waste-to-energy projects with a total capacity of 80 MW.
DELTA: Anticipated rebound in 2HFY24
DELTA saw a weakening performance in its EV-related business in 4QFY23, a trend expected to persist throughout 1HFY24.
AIS: Anticipated FY24 earnings growth, propelled by recognition of full-year revenue from TTTBB
Despite facing a q-q and y-y decline in 4QFY23 profit, ADVANC still performed well for the entire FY23.
AOT: No plan to lift FY23 passenger traffic forecast
Our ‘ACCUMULATE’ stance remains intact on AOT with a FY23 target price of Bt78.00/share as the overall outlook…
We leave our ‘BUY’ stance intact on CPALL based on its strong earnings growth trend driven by increasing foot traffic to 7-Eleven stores, new…
PTTEP: FY23 profit seen slightly lower than FY22 on lower oil prices
Even though we expect PTTEP’s FY23 profit will be slightly lower than the level achieved in FY22 on the…