Market Update 13/03
Ouch ouch ouch, nothing good happening in the market unless its tourism related…or DELTA…market is -4% for the year in thb, close to -7% in usd terms.
So, when pre-election rally news? Brokers started it a month ago before being hit by the sell off in global markets…
FY 22 earnings were, AWFUL, for the market due to several massive write-off’s in 4Q by the large sectors (specifically KBANK, BANPU, IVL, TRUE)…
5 thoughts on “Market Update 13/03”
BANPU awful? some others (TRUE has always been awful anyway), but BANPU?
Financial Statement (F45)
BANPU PUBLIC COMPANY LIMITED
Ending 31 December
Year 2022 2021
Profit (loss) 40,518,967 9,851,795
attributable to equity
holders of the Company *
EPS (baht) 5.649 1.591
Had a USD 376 mn impairment…or about 23% of the profit taken away…
Yes…clearly stated in the MDA
i guess i’ll have to read it again… thx!