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

Somboon Advance Technology P / Equity Bottom-Up

<p>The confirmation of positive cases of COVID-19 among employees is not significantly impacting the company’s operation. The big leap YoY in 2Q21E earnings alongside the auto output recovery may create upside to our full-year forecast, causing us to leave our Hold rating unchanged.</p>

The confirmation of positive cases of COVID-19 among employees is not significantly impacting the company’s operation. The big leap YoY in 2Q21E earnings alongside the auto output recovery may create upside to our full-year forecast, causing us to leave our Hold rating unchanged.

Company Update: Somboon Advance Technology Plc.