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>RBF has been re-added to our portfolio as the last-ranked stock, underpinned by the expectation of strong 4Q23E earnings growth (+61.0% YoY to Bt173mn) on seasonality and accelerating momentum for overseas sales thanks to new client base expansion in both India and China.</li></ul>

RBF has been re-added to our portfolio as the last-ranked stock, underpinned by the expectation of strong 4Q23E earnings growth (+61.0% YoY to Bt173mn) on seasonality and accelerating momentum for overseas sales thanks to new client base expansion in both India and China.

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