Earnings Report /
Thailand

Ananda Development PCL: Red ink, as expected; 2H22 turnaround

  • Net loss wasn’t as deep as consensus estimate

  • ANAN reported a net loss of Bt43m for 2Q22

  • We expect a bottom-line turnaround to black ink for 2H22

Phoowadol Phoosodngern
Bualuang Securities
15 August 2022

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