BBL raises prime lending rates by 15-20bps, savings by 5-25bps from today, its minimum lending rate now at 6.45% and savings will be 0.5%, becomes the 1st to hike after BOT’s on Wednesday.
Comment: Just look at that spread, remember the news article where the bankers said they wouldn’t increase rates.
BEM mulls revising up FY revenue target from current Bt17b as YTD average tollway traffic topped 1.1m trips/day, MRT riderships at 450k trips/day, robust traffic thru Wat Mangkon station to Chinatown & Dragon temple on CNY boost earnings.
Comment: Easy peasy.
KBANK wraps deal to sell 49% stake in its asset management firm, Kasikorn Asset, for Bt30b to Amundi, with Bt23b after tax gain, Tabloid.
Comment: And finally after years of discussions, its sold, a few years after the peak the domestic AM industry.
MINT sees 20% hotel revenue growth, and 10-15% growth overall vs pre-covid, to launch 10 hotel under NH Hotel Group by next year.
MITSIB upbeats outlook from strong credit demand for commercial vehicles, new & used taxi HP on improving tourism mkt, sees repossessed vehicles dropped by 50% from 400 units during severe outbreak.
TPCH reaffirms big jump 1Q23 from full quarter recognition of 106.8mw from 10 biomass pp & 9.5mw waste pp (50% holding), tailwind from 2 newly cod-ed biomass pp in Pattani & Yala total 5.7mw, target total capacity reach 250mw by end of year.
Comment: Such a disappointment.
WINMED sees Bt1b revenue this year, on resumption of every business units, sets Bt70m capex for new one-stop-service lab, imports new equipment, markets new cervical cancer test kits under AVA brand, targeting Bt50m revenue.
Comment: Still am curious on this name, management did come across rather intelligent in calls before.