Strategy Note /
Global

Thailand: Thai Market Strategy - 1Q23 earnings wrap & 2Q23 outlook

  • 1Q23 net profit down 2% YoY

  • 2Q23 NPAT to dive by 31% YoY, core profit by 38% YoY

  • Disappointing 1Q23 results prompt forecast-downsizing

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Piriyapon Kongvanich
Piriyapon Kongvanich

Equity Research Analyst

Bualuang Securities
22 May 2023

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