Earnings Report /
Thailand

Thai Vegetable Oil PCL: Core number undershot our model; YoY weaker 4Q21 profit expected

  • Missed expectations

  • TVO posted a 3Q21 net profit of Bt360m

  • We model a Bt305m 4Q21 core profit, down 35% YoY

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
15 November 2021