Equity Analysis /
Thailand

Thailand: Media - The worst is behind us, but outlook remains gloomy

  • Ad spending rose 9% YoY and 10% QoQ in 2Q22

  • Leaders of the pack in 2Q22—MAJOR and PLANB

  • Significant recovery expected in 4Q22

Napon Jaisan
Napon Jaisan

Equity Research Analyst

Bualuang Securities
5 August 2022

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