TOA Paint Thailand PCL

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10 articles for TOA Paint Thailand PCL

TOA Paint Thailand PCL: 3Q21 profit short of all estimates but reaffirmed as nadir quarter

Short of our estimate and the consensus forecast. TOA reported core profit of Bt275m in 3Q21. We have cut core profit forecast by 22% to Bt1.85bn in 2021.
Bualuang Securities Narumon
Narumon Ekasamut @ Bualuang Securities 15 November 2021

TOA Paint Thailand PCL: Sales hit new high in 2Q21 but disappointing gross margin

Bualuang Securities Narumon
Narumon Ekasamut @ Bualuang Securities 16 August 2021

TOA Paint Thailand PCL: Strong earnings say it all

The third-best quarterly result to be posted in 2Q21. Easing margins pressure in 2H21. Strong financial status.
Bualuang Securities Narumon
Narumon Ekasamut @ Bualuang Securities 22 July 2021

TOA Paint Thailand PCL: Welcome recovery in sight

TOA is in the early stage of demand recovery, as we forecast sales growth of 8% to record high at Bt17.6bn in 2021 (against 4% slippage in 2020). TOA could deliver good quarterly sales growth YoY in 2Q21-4Q21 (proven all-time high sales in 1Q21) afte...
Bualuang Securities Narumon
Narumon Ekasamut @ Bualuang Securities 27 May 2021

TOA Paint Thailand PCL: Positive surprise in all-time high core profit in 1Q21

Bualuang Securities Narumon
Narumon Ekasamut @ Bualuang Securities 14 May 2021

TOA Paint Thailand PCL: 4Q20 profit as expected, improved forecast in 1Q21

Bualuang Securities Narumon
Narumon Ekasamut @ Bualuang Securities 1 March 2021

Details

Thailand
Asia
Materials
About
TOA Paint (Thailand) Public Company Limited manufactures paint products. The Company offers wood, protective, and marine coatings, as well as decorative and heavy paints, chemical construction, aerosol spray, and abrasive products. TOA Paint serves household and industrial markets in southeast Asia.

Associated topics

TOA Paint Thailand PCL Materials Equity Asia Thailand Narumon Ekasamut TOA 2021 2020 2017 1Q21 2Q21 GM 2019