SAT TB - Stable Profit, Despite Lower Revenue, Thanks to Effective Cost Management
Although SAT’s revenue declined by 11% YoY in 1Q25, effective cost control led to an improved GPM and allowed core profit to remain stable at Bt188mn
93 Views
Somboon Advance Technology - Upbeat 4Q24 Earnings with an Improved GPM
SAT reported a 4Q24 net profit of Bt215mn (+35% QoQ, -30% YoY), exceeding expectations by 25% due to a higher-than- expected gross profit margin...
255 Views
Somboon Advance Technology - Recovery Signs Remain Weak
We downgrade our rating to Neutral, as the valuation metrics indicate less attractiveness in terms of the valuation, with the stock price trading...
229 Views
Somboon Advance Technology - Slower 3Q24 Earnings Already Priced In
We maintain an Outperform rating, as the stock price still implies around 17% upside from the fair value (FV) of Bt12.80.
369 Views
Sat Tb - 2Q24 Profit Slowdown as Expected; Hope for Recovery in 2H24E
The stock is attractive in terms of the valuation, with the share price having dropped by over 38% YTD to trade near the average earnings yield +2 S.D
424 Views