ITC: 2Q net profit at Bt696m, -31% yoy, beats Bt73m consensus, thanks to strong sales revenue +5.3% qoq, sales volume +6.9% qoq from orders from premium brands, contribution from new products bolster earnings, pays interim Bt0.4 dps, XD Aug 14.

JAS: Supreme Admin Court dismisses National Telecom (NT)’s appeal on revenue sharing dispute on eastern submarine cable network, order NT to pay principal plus interest total Bt5.128b to JSTC, full amount of debt must settle within 60 days, which shall be by Sept 28.

Comment: That is amusing, GULF and friends are able to milk the country dry (note I have no idea on the actual legal case and its merits, but I am surprised to see the Courts dismiss a first appeal)

JPARK: secured smart parking project valued at Bt116m.

Comment: There must be some value in this company….

KBANK’s integrated K Plus app with Google Play as a payment option in platform, enabled 14m users on android devices to pay for global & local digital content on Google Play, collab with Ant International’s ANTOM to expand payment option in APAC, leveraging ANTOM’s AI-driven solutions for payment orchestration, risk management, digital marketing and extensive global network.

MAGURO launches JPN licensed brand, Kiwamiya Hamburg, debuts 1st branch in TH at Central Park on Sept 4.

Comment: It does seem to be very active, one of the few listed f&b players that seem hellbent on expanding despite the subpar economy

RT: awards 2 roadwork maintenance project from dept of highway total Bt99.77m.

Comment: This should be a great business model – but what is going on with this company’s financials?

SPALI reports AU residential unit under jv with Stockland logged Bt6.04b presales in 1H25, +310% yoy after expanding portfolio to 12 projects, expects FY sales growth from AU above 200% above Bt10b.