Thailand

Thaifoods Group PCL: In-line core loss; QoQ turnaround to core black ink in 1Q22

  • Net profit beat our model, but core loss was in line

  • TFG posted a 4Q21 net profit of Bt142m

  • GM of 8.5% also beat our 7% estimate

https://cdn.tellimer.com/providers/badge-bualuang-securities-IgdCtOJav0lrQzqIgisZQ69ULnc5gL0l22ddwImZ.png
Prasit Sujiravorakul @ Bualuang Securities
February 25th, 2022
Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Recommendations

Access to recommendations is a Pro feature.

Most Read

1 ∙ Strategy Note ∙ Global
Fixed income strategy: 2024 outlook – pick your battles
2 ∙ Strategy Note ∙ Global
6 lessons from EM Equities in 2023
3 ∙ Macro ∙ Pakistan
Pakistan IMF review sparks rally amid improved external trade and inflation
4 ∙ Macro ∙ Global
US rate cycles: How long do peak rates last?
5 ∙ Macro ∙ Global
Kenya to abandon Eurobond plan, Bank of Mauritius leaves rates unchanged

Disclosures

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.

This publication is not intended for distribution to, or use by, any person or entity in any jurisdiction in any country where such distribution or use would be contrary to law or regulation, or which would subject Tellimer to any registration requirement within such jurisdiction or country.

This research is produced by a third party. The Tellimer team has had no editorial input into the content of the note.