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>KTX maintains an Outperform rating.</li><li>We project earnings growth at a 16% CAGR over the next three years.</li><li>The company targets 2024E sales growth in the range of 10-15%, projecting domestic sales growth of 5-10% and overseas sales growth of over 10%.</li></ul>

KTX maintains an Outperform rating.We project earnings growth at a 16% CAGR over the next three years.The company targets 2024E sales growth in the range of 10-15%, projecting domestic sales growth of 5-10% and overseas sales growth of over 10%.

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