Earnings Report /
Thailand

True Corp PCL: Well below our estimate; shallower core loss expected in 4Q21

  • Heftier core loss than modeled

  • TRUE posted a 3Q21 net loss of Bt603m

  • The YoY shallower core loss was led by lower SG&A expenses

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 November 2021