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...
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Automotive: Exports Turning Worrisome - Neutral
We are concerned about the outlook for Thailand’s automobile exports, which have recorded a significant YoY decline over the past two months.
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Automotive - Weak Demand on Top of Uncertainty over US Trade Policy
The slowdown in automotive output put pressure on both revenue and core profit for the three auto companies under our coverage, resulting in a...
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Industry Update: Automotive - JANUARY 29, 2025
2024 auto production hit a four-year low; The 4Q24E earnings of auto parts manufacturers are expected to have continued slowing YoY,
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Special Report: Stock Valuation - January 2, 2025
The expansionary fiscal policy of the incoming US president is expected to keep US bond yields high for an extended duration, posing risk of de...
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