Equity Analysis /

TH : Berli Jucker - Clearer outlook, but unexciting

    Chaiyatorn Sricharoen
    Chaiyatorn Sricharoen

    Research Analyst, CFA

    28 March 2022
    Published by

    BJC’s long-term outlook is clearer, but it is still unexciting, in our view. Execution of its expansion plan looks challenging. Reiterate Hold, with a higher TP of THB38.50.