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>The 2Q20E earnings are expected to grow both YoY and QoQ thanks to recovery in demand and the QoQ widening of chemical spreads.</li><li>SCC's earnings are anticipated to continue gaining momentum in 2H20E.</li><li>We maintain a Hold rating and expect a dividend of Bt6/share for 1H20E, implying a yield of 3.1%.</li></ul>

The 2Q20E earnings are expected to grow both YoY and QoQ thanks to recovery in demand and the QoQ widening of chemical spreads.SCC's earnings are anticipated to continue gaining momentum in 2H20E.We maintain a Hold rating and expect a dividend of Bt6/share for 1H20E, implying a yield of 3.1%.

Expect 2Q20E Earnings Growth Both YoY and QoQ

Scc Holdings

Expect 2Q20E Earnings Growth Both YoY and QoQ