Equity Analysis /
Thailand

Khon Kaen Sugar Industry PCL: Strong core earnings bounce in 2022; global sugar up-cycle through 1H22

  • Brazil’s south-central sugar output tumbles 21% YoY, Sep 1-15

  • Global sugar deficit revised deeper to 3-4m tonnes for 2021/22

  • Core earnings bounce in 2022 led by fatter GM

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
7 October 2021