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 reiterate our view that AIT's earnings will accelerate in 2H2OE on the back of its healthy backlog on hand.</li><li>This will enable the company to sustain its high dividend payout policy, with an attractive annualized dividend yield of nearly 10%.</li><li>AIT expects its 2020E revenue target of Bt6.0bn, down 15% YoY, to be achieved.</li></ul>

We reiterate our view that AIT's earnings will accelerate in 2H2OE on the back of its healthy backlog on hand.This will enable the company to sustain its high dividend payout policy, with an attractive annualized dividend yield of nearly 10%.AIT expects its 2020E revenue target of Bt6.0bn, down 15% YoY, to be achieved.

AIT Corp

Earnings Momentum to Accelerate in 2H20E