Earnings Review - Thaifoods Group Plc. (TFG)
The upbeat earnings were thanks to tax credit income of Bt18mn, which was better than our projection by around Bt70mn — we expected tax expenses of...
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COMPANY UPDATE - Thaifoods Group - July 27, 2023
KTX switched our rating to Neutral. Our valuation metrics suggest that the share price is fully valued, but the long-term view on growth is positive.
160 Views
Thaifoods Group (TFG TB) - 2024E Earnings to Grow by 15%; Expecting a HoH Recovery in 2H23E
KTX has revised up our rating to Buy (fair value of Bt5.55, based on the earnings yield and a required rate of return of 9.0%).
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TFG : 4Q22 Earnings to Post Strong YoY but Soften QoQ
We keep our BUY rating with a target price of Bt8.50. Key growth catalysts include (1) a decent earnings prospect with stabilizing material costs;...
402 Views
TFG : Earnings Hit Another Record High
We keep our BUY rating with a target price of Bt8.50. We are upbeat on the 4Q22 earnings trend, with our BUY call reflecting:(1)healthy growth...
264 Views