EPG expects positive momentum to continue in 2H, driven by improved operations at Aeroflex (USA) following a 5% price hike in July, higher domestic parts sales from demand for canopy and side-step, lower ECL due to better business in South Africa, and plans to scale back SG&A to stretch margins. Comment: Despite the fact that […]
Read More →KTB offers remedy package for retails & SME borrower affected from TH-Cambodia border clash, reduce mthly installment by 75% for 1 year for mortgage, 0% interest for 3 months than 2.5% p.a. for 33 months, monthly installment for P-loan also reduce by 75% for 1 year, 4.5% interest p.a. for 3 years, 0% interest for […]
Read More →KTC is due to report 2Q earnings today, with market consensus expecting net profit at THB1.85bn.Comment: And it’s inline with what everyone says…and some are now expecting a high divvy payout ratio. ITEL sees strong growth momentum continuing, driven by network and cloud installation projects. The company aims to diversify its revenue mix to 40% […]
Read More →AOT board approved purchase of 73 condo units in Samut Prakan from the MoF to compensate people affected by noise from airport operations worth ~Bt151m. Comment: That’s interesting….was King Power an owner of all these units? CFARM eyes double digits revenue growth target driven by larger egg farm capacity at 15.88m chickens p.a., new cage […]
Read More →CWT board approved plan for listing of renewable unit, Green Power 2 (GPT), on MAI, will sell IPO not exceed 31.81% of GPT’s paid-up. GUNKUL signed direct PPA with JPN partner, Murata Manufacturing (TH), will develop 7mw solar farm at 1st phase, target cod 1Q26. OR expects no material impact on retail business because there […]
Read More →BBL: 1Q net profit @ Bt12.61b +19.8% y/y, beat Bt11.35b consensus, better than expected non-NII & lower than expected LLP able off set sluggish loan and soft NIM at 2.89% vs 3.06% y/y due to rate cut impact & effort to restructure debts with interest haircut after NPLs repeatedly relapsed. Comment: Oh – the banks […]
Read More →AP targets 12% FY25 revenue growth to Bt52.9b, supported by Bt41.62b outstanding backlog, 4 condos worth Bt10.4b (75-80% sold) scheduled to complete this year fuel earnings, sets FY25 launch plan at 42 residential projects total Bt65b (15 SDH, 18 townhome & 6 condos), pays Bt0.6 dps XD May 7. AWC plans to double its assets […]
Read More →B’s keen on high dividend payout (70-80%) rather than buyback, aims to use capital to expand consumer credits (digital lending, credit card, auto title loan), firms on plan to pursue virtual banking license, low credit cost is vital under stagnant loan growth environment. Comment: No surprises for why this is the case…until the government gets […]
Read More →MINT inked deal with Sichuan Dexinhousheng Enterprise Management to develop 111-key Anantara Xiling Snow Mountain Chengdu Resort, the 3rd resort to launch in China under Anantara brand aft Anantara Guiyang & Anantara Xishuangbanna, target cod Oct 2025. Comment: They’re just impressive in their ability, despite balance sheet issues, to continue growing and growing. Now what […]
Read More →BGC sees 3Q turnaround on jump start bottles & containers restocking ahead of holiday season, recovery consumption on the back of cash handout stimulus, lower energy costs and soda ash price boost margin. Comment: Up and down….at the end of the day there isn’t much overall volume growth in the industry. CPAXT will relist under […]
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