Earnings Report /
Thailand

LPN Development PCL: 3Q21 result falls short of all estimates, but hit a nadir

  • Below our forecast and the consensus estimate

  • LPN’s 3Q21 net profit was Bt26.5m

  • The 3Q21 result was dampened by residential sales slippages

Narumon Ekasamut
Narumon Ekasamut

Equity Research Analyst

Bualuang Securities
5 November 2021