Equity Analysis /
Thailand

GFPT PCL: Reversal into 3Q21 core loss; 3Q21 earnings looking to bottom out

  • Sales expected to tumble in 3Q21

  • Nine-year low of GM in 3Q21 due to spike in raw material costs

  • Insights into 3Q21—YoY and QoQ reversal into core loss

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
25 October 2021