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>We recommend buying PTG thanks to the bright prospects for its 2H22E earnings, driven by potentially higher sales volume in tandem with the economic recovery and the rebound in the tourism sector.</li><li>The consensus estimate calls for 2022E earnings to grow by 48.7% YoY to Bt1,496mn.</li></ul>

We recommend buying PTG thanks to the bright prospects for its 2H22E earnings, driven by potentially higher sales volume in tandem with the economic recovery and the rebound in the tourism sector.The consensus estimate calls for 2022E earnings to grow by 48.7% YoY to Bt1,496mn.

PTG Energy

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