Automotive - Auto Production Fell 18% YoY in 1Q24
Auto production in March 2024 continued to slow down YoY for the eighth consecutive month, dragging overall production in 1Q24 down by 18% YoY.
345 Views
Automotive. - Auto Output Remained Weak in February 2024
We have revised down our 2024E auto output target by 2.0% to 1.85mn units (+0.7% YoY) to reflect weaker-than-expected domestic demand.
310 Views
Automotive - A Weak Start in 2024
We choose AH (Buy; FV at Bt43.2) as our top pick because the firm will potentially benefit further from the transition to electric vehicle (EV)...
245 Views
Somboon Advance Technology - Weaker 4Q23 Results Both YoY and QoQ; a Dividend Play
SAT posted a 4Q23 net profit of Bt218mn, 7.3% lower than our projection, mainly because sales fell short of our estimate by 10.2%.
315 Views
Somboon Advance Technology - Attractive Dividends
We maintain our Neutral rating, as our valuation metrics suggest that SAT is attractive in terms of the current valuation, alongside a steady long...
440 Views