Earnings Report /
Thailand

Thai Vegetable Oil PCL: Beat our estimate by a mile; robust 2Q21 earnings expected

  • Exceeded our model massively; new high of GM since 4Q16

  • TVO posted a 1Q21 net profit of Bt882m

  • The robust YoY core profit leap was due to higher sales

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 May 2021

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