Earnings Report /
Thailand

VGI PCL: Core loss much deeper than modeled

  • Core loss was 41% deeper than our estimate

  • VGI posted a net loss of Bt260m for 4Q22

  • The 4Q22 top-line was Bt1.2bn, up 8% YoY but down 10% QoQ

Napon Jaisan
Napon Jaisan

Equity Research Analyst

Bualuang Securities
26 May 2023

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