Somboon Advance Technology -1Q24E Earnings Slowdown Amid Surrounding Pressure
Although there is attractiveness from a tactical standpoint, this is offset by the perception of being fully valued in terms of the fundamentals.
330 Views
Somboon Advance Technology - Weaker 4Q23 Results Both YoY and QoQ; a Dividend Play
SAT posted a 4Q23 net profit of Bt218mn, 7.3% lower than our projection, mainly because sales fell short of our estimate by 10.2%.
238 Views
Industry Update: Automotive - SEPTEMBER 25, 2024
We maintain an Underweight rating on the automotive sector due to weak recovery signals, which may pose downside risk to our 2024E auto production...
151 Views
Automotive - Potential Recovery in 2H24E Performance Already Priced In
Sluggish auto production continued to put downward pressure on the revenue and core profit of the three auto firms under our coverage both YoY and...
140 Views
Automotive - 2024E Auto Production Forecast Cut to 1.60mn Units
Weak domestic demand pressured 1H24 auto production downward by 17% YoY to 760k units. Accordingly, we have reduced our 2024E auto production...
160 Views