Srinanaporn Marketing Plc. (SNNP): SNNP Reported a 3Q23 Net Profit of Bt160mn, 5% Lower than KTX’s Projection of Bt169mn - Outperform (Fair Value: Bt26.25)
SNNP reported a 3Q23 net profit of Bt160mn, 5% lower than KTX's projection of Bt169mn due to higher-than-expected operating expenses by Bt8mn. The...
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3Q23E Earnings Expected to Grow 19% YoY and 8% QoQ
We forecast net profit of Bt169mn in 3Q23E (to report earnings on November 8), driven by an increase in sales, especially overseas sales,...
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Earnings Review - Srinanaporn Marketing Plc. (SNNP)
The 2Q23 net profit increased by 35% YoY and 2% QoQ as the gross profit margin widened YoY but remained flat QoQ. Meanwhile, sales expanded both...
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Analyst Briefing - Srinanaporn Marketing Plc. (SNNP)
The planned production of the plant in Vietnam, clearer new product launches, and marketing plans should help drive earnings growth to reach the...
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Technical Analysis
Asian bourses kept falling in line with US markets due to concerns about the prospect of higher US interest rates. Although the index did not...
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