Earnings Report /
Thailand

Thaifoods Group PCL: Missed our estimates big time; QoQ shallower core loss expected in 4Q21

  • Undershot our model significantly

  • TFG posted a 3Q21 net loss of Bt456m

  • We model a Bt102m core loss for 4Q21

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
12 November 2021