Wednesday, January 8th, 2025

Category: Market Updates

Kasikornbank Faces Challenges Yet Shows Resilience with Strong Non-Interest Income Growth

Date of Report: October 21, 2024Broker Name: CGS International Securities (Thailand) Co. Ltd. 3Q24 Financial Performance Overview Kasikornbank (KBANK) reported a 3Q24 net profit of THB12 billion, reflecting a 6.1% year-on-year increase but a...

Krung Thai Bank’s Q3 Profit Boosted by Investment Gains Despite Loan Challenges

Broker Name: CGS InternationalDate: October 21, 2024 Q3 2024 Financial Performance Krung Thai Bank (KTB) reported a net profit of THB11.1 billion for Q3 2024, showing an 8.0% year-over-year (yoy) increase but a slight...

Investment Gains Boost Krung Thai Bank’s 3Q24 Profit

Date: October 22, 2024Broker: CGS International Securities 3Q24 Financial Performance Krung Thai Bank (THB) reported a notable improvement in net profit for the third quarter of 2024. The increase in profitability was primarily driven...

Earnings Downdrift Expected to Continue for Singapore Airlines in 2QFY25

Date: October 22, 2024Broker: CGS International Securities Earnings Preview for 2QFY25 Singapore Airlines (SIN) is expected to report a profit after tax and minority interests (PATAMI) in the range of approximately S$400 million to...

Early Uptrend Signals Strong Growth Potential for HKBN Ltd

Date: October 22, 2024Broker: CGS International Securities Company Overview HKBN Ltd. (HKG: 1310) is a provider of telephone voice and data communication services. The company offers various services, including wireless internet service, IDD and...

Talga Group Ltd Secures Key Mining Licence, Paving Way for EU Strategic Graphite Project

Date of Report: 21 October 2024Broker: Petra Capital Pty Ltd Mining Licence Granted for Vittangi Graphite Project Talga Group Ltd (TLG) has secured the exploitation concession (mining licence) for the Nunasvaara South graphite mine,...

Optimax Holdings: Visionary Growth with Strong Market Position

Date: October 22, 2024Broker: CGS International Overview Optimax Holdings is a Malaysian healthcare company specializing in eye care services. It operates a network of eye specialist centers across Malaysia, offering comprehensive services such as...

PGF Capital: Strong Foundation with Promising Growth Potential

Date: October 22, 2024Broker: CGS International Overview PGF Capital is a Malaysian investment holding company with interests across various sectors, including manufacturing and property development. The company focuses on strategic investments to drive growth...

Binastra Corp: Steady Ascent with Strategic Growth Opportunities

Date: October 22, 2024Broker: CGS International Overview Binastra Corp is a Malaysian company engaged in the property development sector. It focuses on building residential and commercial properties, emphasizing quality construction and strategic project locations....

Ta Ann Holdings: Positioned for Growth Amidst Robust Sector Fundamentals

Date: October 22, 2024Broker: CGS International Overview Ta Ann Holdings is a Malaysian company involved in the timber and oil palm plantation industries. The company manages sustainable forestry operations and palm oil production, providing...