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>The Easy E-Receipt 2.0 tax deduction measure, to be implemented from January 16 to February 28, is expected to generate Bt70bn in cash flow and boost the economy by approximately 0.38%.</li><li>This is anticipated to have a positive impact on the five commerce sector stocks under our coverage.</li><li>We assign a Neutral investment weight, as our analysis indicates that this measure could positively impact profits by approximately 0.6% of the combined earnings estimates for the five companies in 2025E. </li></ul>

The Easy E-Receipt 2.0 tax deduction measure, to be implemented from January 16 to February 28, is expected to generate Bt70bn in cash flow and boost the economy by approximately 0.38%.This is anticipated to have a positive impact on the five commerce sector stocks under our coverage.We assign a Neutral investment weight, as our analysis indicates that this measure could positively impact profits by approximately 0.6% of the combined earnings estimates for the five companies in 2025E. 

Commerce: Easy E-Receipt 2.0 to Pose Most Upside to CPALL

CP ALL PCL

Commerce: Easy E-Receipt 2.0 to Pose Most Upside to CPALL