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 CRC on the back of the continuing bright prospects for earnings in 2023E.</li><li>The consensus estimate calls for the firm's earnings to grow 35.51% YoY to Bt8,539mn in response to the positive factors related to the potential economic recovery and the return of tourist arrivals.</li></ul>

We recommend buying CRC on the back of the continuing bright prospects for earnings in 2023E.The consensus estimate calls for the firm's earnings to grow 35.51% YoY to Bt8,539mn in response to the positive factors related to the potential economic recovery and the return of tourist arrivals.

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