Earnings Report /
Thailand

Thaifoods Group PCL: Core number below expectations; earnings tumble foreseen in 3Q21

  • Core profit missed our estimate

  • TFG posted a 2Q21 net profit of Bt430m

  • We model a Bt380m core profit for 3Q21, down 62% YoY

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
16 August 2021