Thailand

MFEC PCL: Profit miss!

  • Earnings were 16% below our estimate

  • MFEC posted a 1Q22 net profit of Bt52m

  • Revenue was Bt1,251m in 1Q22, up 10% YoY but down 26% QoQ

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Napon Jaisan @ Bualuang Securities
May 13th, 2022
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