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>AH reported a 2Q23 net profit of Bt410mn (flat YoY), better than the market’s projection by 16% but in line with the projection if excluding the FX impact.</li><li>AH reported a 2Q23 core profit of Bt299mn, up 6% YoY.</li><li>Profit from the core businesses surged 68% YoY, helping to offset the decline of 74% YoY in shared profit from affiliates to merely Bt32mn, accounting for just 11% of the total earnings.</li></ul>

AH reported a 2Q23 net profit of Bt410mn (flat YoY), better than the market’s projection by 16% but in line with the projection if excluding the FX impact.AH reported a 2Q23 core profit of Bt299mn, up 6% YoY.Profit from the core businesses surged 68% YoY, helping to offset the decline of 74% YoY in shared profit from affiliates to merely Bt32mn, accounting for just 11% of the total earnings.

Earnings Review - Aapico Hitech Plc. (AH) - AUGUST 15, 2023