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>SAWAD’s 4Q23 net profit of Bt1,216mn was in line with the Bloomberg consensus estimate of Bt1,267mn (+4% YoY, -9% QoQ).</li><li>The YoY earnings growth was driven by the expansion of the loan portfolio, which offset the increases in funding costs and provisions.</li><li>The QoQ decrease in earnings was blamed on the increase in the provision.</li></ul>

SAWAD’s 4Q23 net profit of Bt1,216mn was in line with the Bloomberg consensus estimate of Bt1,267mn (+4% YoY, -9% QoQ).The YoY earnings growth was driven by the expansion of the loan portfolio, which offset the increases in funding costs and provisions.The QoQ decrease in earnings was blamed on the increase in the provision.

Sawad - Earnings in Line with the Market Expectation; ECL Still Increasing

Srisawad Power 1979

Sawad - Earnings in Line with the Market Expectation; ECL Still Increasing