Thai Union Group - 2Q24 Core Profit Fell 10% YoY but Increased 35% QoQ
The 2Q24 core profit beat our forecast. KTX remains bullish about the 2024E core profit growth outlook, which is expected to leap by 30% due to the...
106 Views
Thai Union Group - Expect 2Q24E Core Profit to Drop 10% YoY but Rise 35% QoQ
We maintain a neutral outlook on the 2Q24E earnings. We anticipate a 10% YoY decline in core profit but a 35% QoQ increase
389 Views
Thai Union Group -1Q24 Core Profit at Bt921mn, Growing 16% YoY and 28% QoQ
The long-term growth is expected to remain intact, with three-year earnings forecast to show a 15% CAGR. The tactical view is neutral.
246 Views
Thai Union Group - 1Q24E Earnings to Increase 12% YoY but Drop 31% QoQ
1Q24E is anticipated to represent the low season for both sales and profit margins, aligning with reduced tuna costs and the non-peak sales period...
192 Views
Thai Union Group -Net Loss in 2023 Due to Impairment Loss from Investment in RL
KTX has maintained our positive view on the 2024E core profit, which is expected to grow 30% thanks to the absence of loss contributions from RL.
184 Views