HTC: Soft Drink King Rules in Southern Thailand
We initiate coverage on HTC with a BUY rating and based on a target price of Bt27, derived from 15.7xPE’18E, which represents its two-year average...
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Haad Thip (HTC TB)
Haad Thip (HTC TB)
21
Analysis
Consumer Staples • Thailand
Haad Thip Public Company Limited is a Thailand-based authorized manufacturer and distributor of Coca-Cola beverages and other related products, including sparkling, still, and energy drinks, primarily serving 14 southern provinces of Thailand. The company also operates in real estate development. It was founded in 1969 and is headquartered in Songkhla, Thailand.
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