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>AIT's 3Q20 NP bounced back as expected thanks to strong top-line growth on the delivery of projects after the easing of the lockdowns.</li><li>Its healthy backlog will sustain the 4Q20E earnings momentum, with further growth of 13% expected in 2021E.</li><li>As AIT also offers an attractive yield of 9% in 2H20E, we lift the rating to Buy.</li></ul>

AIT's 3Q20 NP bounced back as expected thanks to strong top-line growth on the delivery of projects after the easing of the lockdowns.Its healthy backlog will sustain the 4Q20E earnings momentum, with further growth of 13% expected in 2021E.As AIT also offers an attractive yield of 9% in 2H20E, we lift the rating to Buy.

AIT Corp

Back on Track; Attractive Yield of 9%