Minor International - 1Q25 Earnings Turned Around to Profit as Expected
The 1Q25 performance returned to a core profit as expected, and the outlook for 2Q25E remains positive, supported by lower interest expenses and...
267 Views
Minor International - Expect Strong 2025E Earnings Growth Amid Continued Decrease in IBD/E
We upgrade our rating to Outperform (previously Neutral) while maintaining the target price at Bt36.75, based on a required return of 4.1%.
231 Views
Minor International - In-Line 3Q24 NP; 4Q24E Earnings to Decline QoQ on Seasonality
We maintain an Outperform rating, viewing the stock as fundamentally attractive with upside of 28% compared to the fair value (FV) of Bt33.50,...
294 Views
Minor International - 2024E Earnings Already Peaked for the Year
We have downgraded our rating to Outperform (previously Buy) due to a more negative outlook on the long-term earnings growth prospects.
309 Views
Minor International - In-Line 2Q24 Core Profit
We anticipate an improvement in 2H24E core profit, driven by the high season in Europe and the beginning of the peak tourism season in Thailand in...
274 Views