Earnings Report /
Thailand

Carabao Group PCL: Disappointing 1Q21 result for all

  • Below all estimates

  • CBG reported core profit of Bt700m for 1Q21

  • The weak result in 1Q21 was the result of sales slippages and margins squeeze

Narumon Ekasamut
Narumon Ekasamut

Equity Research Analyst

Bualuang Securities
17 May 2021

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