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...
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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.
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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%).
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4Q22E Market Outlook: SET Haven
We are optimistic about the potential recoveries of global equity markets late this year, based on the expectation that the Fed will pause its...
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Company Update Thaifoods Group Plc. (TFG)
TFG’s 2Q21 core profit fell YoY and QoQ due to a narrower margin and an increase in the effective tax rate, leading us to revise down our 2021E...
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