Earnings Report /
Thailand

Gulf Energy Development PCL: 2Q21 core profit miss, but the 3Q21 outlook is exciting!

  • NPAT was in line with our estimate, but the core number missed

  • GULF reported a 2Q21 net profit of Bt1,407m

  • Revenue increased by 45% YoY

Kijapat Wongmetta
Kijapat Wongmetta

Equity Research Analyst

Bualuang Securities
16 August 2021