TTW: Expect 2Q21 Earnings to Increase Driven by Equity Income of CKP
We expect TTW to report 2Q21 net profit of Bt840m (+21%YoY, +20%QoQ) driven by an increase in profit from equity income.
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TTW: 4Q20 Earnings Dropped Both YoY and QoQ
TTW’s 4Q20 net profit was at Bt690m (-26%YoY, -26%QoQ) caused by a decrease in equity income. The company reported 2020 net profit of Bt3bn (-6%%YoY).
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TTW: Cut 2019-2023 Earnings on the Rise of Depreciation Expenses
We maintain our positive view toward its long-term outlook on the backs of potential growth from its location and secured contract with government...
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TTW: CKP Will Be a Growth Driver for 2019
We expect CKP (25.3% held by TTW) to be another growth driver for its 2019 performance. Its power plant (1285MW) in Laos operated under XPCL...
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TTW Establish Myanmar Tap Water Company Limited (MTW)
Event: TTW informs SET today (4 April 2018) On July, 3 2018. TTW resolved to give the rectification to Thai Water Operations Co., Ltd. (TWO) to...
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