Industry Update: Energy (Power) - September 25, 2024
The Energy Regulatory Commission (ERC) has announced the purchase of 2,180 MW under the RE2 program for the first lot, which includes up to 600 MW...
261 Views
Economic Update: Central Banks: Fed, BoE, BoJ and ECB - SEPTEMBER 24, 2024
The Fed’s first interest rate cut, a significant reduction of 50 bps, coincided with the ECB lowering rates and the BoE holding rates steady as...
378 Views
Energy (Power) - Positive Seasonality to Drive 3Q24E Core Earnings
We expect the power sector to become attractive again as the interest rate uptrend nears its end (as firms use debt leverage to drive growth and...
238 Views
Bcpg - Downbeat 2Q24 NP Given Losses from Write-Off and Impairment of Assets
The 2Q24 net profit fell short of the expectation due to losses from a write-off and an impairment of assets. The 2024E core profit outlook remains...
240 Views
Bcpg - Weak 2Q24E Core Earnings; Extra Gain to Cushion Bottom Line
The expected weak core earnings for 2Q24E and the low base for the 2024E core earnings, due to the adder gap and divestment gap, may exert downward...
247 Views