Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>4Q24 core profit was lower than expected due to lower land transfer prices in Thailand, which is believed to be a short-term impact, as land prices for current sales have been gradually increasing.</li><li>In addition, presales are expected to remain robust over the next two years, supported by rising investments and production base relocations.</li><li>AMATA’s core profit is thus projected to grow at an 18% CAGR, outpacing the industry.</li></ul>

4Q24 core profit was lower than expected due to lower land transfer prices in Thailand, which is believed to be a short-term impact, as land prices for current sales have been gradually increasing.In addition, presales are expected to remain robust over the next two years, supported by rising investments and production base relocations.AMATA’s core profit is thus projected to grow at an 18% CAGR, outpacing the industry.

Amata Corporation - 4Q24 Earnings 25% Below Forecast

Amata Corp Public

Amata Corporation - 4Q24 Earnings 25% Below Forecast