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>PTTGC reported a turnaround to both core and net profit in 1Q26, in line with expectations.</li><li>We maintain our 2026–28E core profit forecast (projecting a 2-year core EPS CAGR of +11%, below the sector due to a high base in 2026E).</li><li>PTTGC reported a net profit of Bt3.2bn in 1Q26, in line with expectations, with net negative one-off items of Bt3.1bn, weighed down by hedging loss and impairment losses.</li></ul>

PTTGC reported a turnaround to both core and net profit in 1Q26, in line with expectations.We maintain our 2026–28E core profit forecast (projecting a 2-year core EPS CAGR of +11%, below the sector due to a high base in 2026E).PTTGC reported a net profit of Bt3.2bn in 1Q26, in line with expectations, with net negative one-off items of Bt3.1bn, weighed down by hedging loss and impairment losses.

PTT GLOBAL CHEMICAL Plc: 1Q26 Profit Turnaround As Expected, Driven By Upstream Business

PTT Global Chemical

PTT GLOBAL CHEMICAL Plc: 1Q26 Profit Turnaround As Expected, Driven By Upstream Business