Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>4Q24 and 2024 core profit grew by 333% and 237% YoY, respectively.</li><li>The resulted exceeded expectations due to a better- than-expected margin improvement, driven by higher swine prices and lower raw material costs.</li><li>The 1Q25E expects profit is expected to increase YoY and QoQ.</li></ul>

4Q24 and 2024 core profit grew by 333% and 237% YoY, respectively.The resulted exceeded expectations due to a better- than-expected margin improvement, driven by higher swine prices and lower raw material costs.The 1Q25E expects profit is expected to increase YoY and QoQ.

Charoen Pokphand Foods - Upbeat 4Q24 and 2024 Core Profit; 1Q25E to Grow Further

CP FOODS

Charoen Pokphand Foods - Upbeat 4Q24 and 2024 Core Profit; 1Q25E to Grow Further