Equity Analysis /
Thailand

Muangthai Capital PCL: YoY growth for 2Q-3Q21 (but QoQ slippage in store for 2Q21)

  • 2Q21 profit to mark a rise of 3.4% YoY but slippage of 4.6% QoQ

  • 3Q21 earnings should mark growth of 8.5% YoY and 11.0% QoQ

  • Bottom-line of Bt5.7bn forecast for 2021, up 8.8% YoY

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
30 July 2021