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>BBIK reported a 1Q25 net profit of Bt72mn (+10% YoY, -30% QoQ), in line with market expectations.</li><li>In the short term, the company may face economic volatility, which could lead to customers delaying investments in new technologies.</li><li>We are currently reviewing our earnings forecasts, rating, and target price for BBIK.</li></ul>

BBIK reported a 1Q25 net profit of Bt72mn (+10% YoY, -30% QoQ), in line with market expectations.In the short term, the company may face economic volatility, which could lead to customers delaying investments in new technologies.We are currently reviewing our earnings forecasts, rating, and target price for BBIK.

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