Earnings Report /
Thailand

BEC World: Net profit was in line with the street

  • 3Q21 bottom-line was 9% above our estimate

  • BEC posted NPAT of Bt143m for 3Q21

  • We expect total ad spend to recover in 4Q21

Napon Jaisan
Napon Jaisan

Equity Research Analyst

Bualuang Securities
15 November 2021