Equity Analysis /

Thailand: Media - Await recovery, BUY later

  • Ad spending was flattish MoM in May against seasonality

  • Significant recovery expected in 4Q22

  • ADVANC’s acquisition of 3BB—threat or opportunity for MONO

Napon Jaisan
Napon Jaisan

Equity Research Analyst

Bualuang Securities
8 July 2022


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