THE ERAWAN GROUP Plc. (ERW): Weak 2Q25 Earnings as Expected...
2Q25 core profit was weak as expected, which we continue to view as the year’s trough. We expect 3Q25E core profit to improve QoQ as Chinese...
231 Views
The Erawan Group - 2Q25E Core Profit in 2Q25E to Mark the Year’s Bottom
We maintain a neutral view on the 2Q25E core profit forecast, which is expected to have declined YoY and QoQ as previously estimated.
296 Views
The Erawan Group - Expect Soft 2Q25E Earnings...
We expect 2Q25E core profit to decline both YoY and QoQ due to seasonal factors and a slowdown in Chinese tourist arrivals.
435 Views
ERW - 2Q25E to Be Negatively Impacted by Lower Chinese Tourist Arrivals..
Core profit has been revised downward to reflect a decline in Chinese tourist arrivals and the impact of the earthquake. 1Q25E core profit is...
236 Views
The Erawan Group - Upbeat 4Q24 Earnings Due to Good GPM
We remain positive on the fundamentals, as the market price implies a significant upside of 47% to the fair value. However, our tactical outlook...
323 Views