AH sees strong growth in EV related business next year, with 12-month advanced orders, boosting capacity to 100%, and solid growth in its MG dealership.
Comment: Well….EVs are great for the dealers – people will buy the cars, believe that they are great for 1-2 years, then the batteries die off, and will have to buy an ICE vehicle again.
CKP sees continued higher power gen capacity at Nam Ngum on higher dam levels, due to heavy rain, mulls refinancing via new bonds.
FTI sets 20% CAGR during 2024-6, revenue reaching Bt1.45b in 2026, from Bt800m expected this year on plan to increase Water Store to 24 and Aquatek Shop to 50.
HL sees higher revenue in 2H vs 1H, on recovery tourism, firms on double digit revenue growth, and 7 new branches, boosting overall to 50, and 100 by 2025.
Comment: Turnaround play? They’re the main comp to boots. And arguably better.
HMPRO may report highest quarterly profit in 4Q23 on seasonal, expo, and full-year recognition of 11 new stores, boosting FY23 revenue to Bt74.2b, Tabloid.
Comment: Aren’t they just impressive? I have no idea how on earth they continue to perform so well despite all the headwinds they’ve faced, kudos to the management team.
SPALI launches Bt540m Supalai Ville Bangsan, a two-store tropical modern estate, presale Oct 7-8.
TFG sees continued recovery on tourism, keeps 400 branches Thai Food Fresh Market target, and 10% revenue growth target.