AOT’s price hike on Passenger Service Charges: PSC at 6 airports under management t effective today (Apr 1), international departure revised to Bt730 from Bt700 & domestic departure to Bt130 from Bt100.

Comment: That’s a hefty jump in % terms for domestic.

BA in talks 2 airline partners for codeshare agreement, expects to conclude in 2H lifts total to 30 airlines by end of year, firms on 4.5m FY24 passenger target, 10% revenue growth this year.

BGRIM mulls bidding for Bt5.8b 140mw solar floating project at Srinakarin dam from EGAT in 2H.

CH upbeats 1Q earnings supported by new dried fruits products launched and higher OEM orders from overseas clients, sees order upside after participated in Gulfood 2024 in Dubai on Feb, eyes 10% FY24 revenue growth target.

GULF reported cod 662.5mw gas-fired power plant, Gulf PD power project (GPD) unit 3 on Mar 31, additional 662.5mw GPD unit 4 to cod on Oct 31.

Comment: Being a crony is great for business.

HANA’s expected to benefit from government efforts to attract advanced semiconductor players to elevate position in the semiconductor value chain while PTT plans to establish IC manufacturing facility to support power electronics modules for EV supply chain would capitalize HANA’s expertise gained from its investments in South Korea EV industry’s frontend semiconductors.

Comment: I’m still confused on the EV outlook…I see China just blasting the region with it’s EV’s, forcing governments to sub them, it isn’t a creation of a new market, but a substitution of an existing market. When a new comp comes and is able to destroy prices, the consumer benefits (in the short term), but the industry gets decimated – jobs lost, and 1 player remains.

TEKA wins 2 construction contracts from SIRI to build The Standard Residences Hua-Hin & VIA Sukhumvit 61 combined worth Bt841m lifts backlog to Bt3.4b.

Comment: TEKA? Really? I wouldn’t be a buyer of these properties…

XO may see all time high 1Q24 from existing Bt700m worth of orders, vs Bt800m in 4Q, lower costs from drop in sugar price, firms on 20% revenue growth target this year.

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