Equity Analysis /
Thailand

Th:Utilities-Not all Utilities stocks are equal in a rising gas cost environment

  • Good 3Q21 outlook, despite rising gas price

  • 4Q21 earnings set to improve from a low base

  • Profits from new plants to outrun effect of a higher 2022 gas price

Kijapat Wongmetta
Kijapat Wongmetta

Equity Research Analyst

Bualuang Securities
28 October 2021