Thaifoods Group -4Q23-2023 Earnings Worse than Expected
The 4Q23 and 2023 earnings marked bigger-than-expected losses owing to downbeat margins and higher-than-expected operating expenses.
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Earnings Review - Thaifoods Group Plc. (TFG)
The upbeat earnings were thanks to tax credit income of Bt18mn, which was better than our projection by around Bt70mn — we expected tax expenses of...
395 Views
COMPANY UPDATE - Thaifoods Group - July 27, 2023
KTX switched our rating to Neutral. Our valuation metrics suggest that the share price is fully valued, but the long-term view on growth is positive.
267 Views
The Week That Was in ASEAN@Smartkarma - GoTo's Initiatives, Berli Jucker & Big C IPO, and Indocement
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
392 Views
Thaifoods Group (TFG TB) - 2024E Earnings to Grow by 15%; Expecting a HoH Recovery in 2H23E
KTX has revised up our rating to Buy (fair value of Bt5.55, based on the earnings yield and a required rate of return of 9.0%).
505 Views