1Q21 net profit dipped 1.2% yoy to THB741.1m. We forecast higher 2Q21 earnings from an increase in transfers. We project SPALI’s net profit to surge 28.8% yoy in FY21F, the highest among stocks under our coverage. Reiterate Add and TP of THB24.60.
- 1 Macro Analysis/Global Central bank monetisation raises risk of inflation and currency crisis
- 4 Strategy Note/Global G7's 'Build Back Better World' is not an answer to China's Belt and Road
- 5 Macro Analysis/Global G7 reiterates support for SDR allocation and seeks to boost its impact
This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not con...