Equity Analysis /
Thailand

Siam Cement: COVID-19 to squeeze 3Q21 earnings; recovery expected in 4Q21

  • Expansive YoY core profit expected for 3Q21

  • Chemical core earnings to increase YoY, but weaken QoQ

  • CBM and Packaging core profit to move in the same direction

Suppata Srisuk
Suppata Srisuk

Equity Research Analyst

Bualuang Securities
11 October 2021