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>Core profit in 4Q24 and 2024 grew 18% and 14% YoY, respectively, driven by higher sales and improved margins.</li><li>The dividend yield for 2024 is expected at 4.8%.</li><li>The valuation metrics remain attractive for buying based on the fundamentals, while the tactical view is neutral. </li></ul>

Core profit in 4Q24 and 2024 grew 18% and 14% YoY, respectively, driven by higher sales and improved margins.The dividend yield for 2024 is expected at 4.8%.The valuation metrics remain attractive for buying based on the fundamentals, while the tactical view is neutral. 

Sappe - 4Q24 and 2024 Core Profit Grew 18% YoY and 14% YoY Thanks to a Strong GPM

Sappe Pcl

Sappe - 4Q24 and 2024 Core Profit Grew 18% YoY and 14% YoY Thanks to a Strong GPM