Earnings Report /
Thailand

True Corp PCL: Beat our estimate; shallower core loss seen in 3Q21

  • Surprisingly shallower core loss than modeled from OPEX control

  • TRUE posted a 2Q21 net loss of Bt299m

  • We model a Bt310m core loss for 3Q21

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 August 2021