Monday, November 25th, 2024

Category: Market Updates

BBL: Delivering Resilient Performance Amid Rate Cut Pressures and Strategic Adjustments

Date: 24 October 2024Broker: UOB Kay Hian Overview Bangkok Bank (BBL) reported a net profit of Bt12.5 billion for the third quarter of 2024, which represents a 10% increase year-on-year and a 6% increase...

SCB: Achieving Strong Profits Amid Strategic Restructuring and Market Challenges

Date: 24 October 2024Broker: UOB Kay Hian Overview SCB X (Siam Commercial Bank) reported a net profit of Bt10.9 billion for the third quarter of 2024, reflecting a 13% increase year-on-year and a 9%...

KTB: Sustaining Growth with Robust Asset Quality and Strategic Lending Practices

Date: 24 October 2024Broker: UOB Kay Hian Overview Krung Thai Bank (KTB) reported a net profit of Bt11.1 billion for the third quarter of 2024, marking an 8% increase year-on-year but a slight decrease...

KBANK: Navigating Challenges with Strong Credit Quality and Strategic Growth Initiatives

Date: 24 October 2024Broker: UOB Kay Hian Overview Kasikorn Bank (KBANK) reported a net profit of Bt12 billion for the third quarter of 2024, representing a 6% year-on-year increase but a 5% decrease compared...

Tenaga Nasional (TNB): Pioneering Sustainable Energy Solutions for a Greener Future

Date of Report 24 October 2024 Broker UOB Kay Hian Company Overview Tenaga Nasional Berhad (TNB) is a leading utility company in Malaysia, primarily engaged in supplying natural gas to industries in Peninsular Malaysia....

New Oriental Education & Technology Group: Navigating Growth Challenges with Strategic Adjustments and Robust Performance

Date: October 24, 2024Broker: UOB Kay Hian Company Overview New Oriental Education & Technology Group offers educational services including foreign language training, test preparation courses, K-12 after school tutoring services, and online courses in...

Greencove Sdn Bhd: Leading the Charge in Sustainable Development with Key Contract Acquisitions

Date of Report 24 October 2024 Broker UOB Kay Hian Company Overview Greencove Sdn Bhd (GSB) is a subsidiary involved in construction and development projects, focusing on site clearance, piling, and structural works within...

Pixel Valley Sdn Bhd: Driving Innovation in Development with Strategic Contract Wins

Date of Report 24 October 2024 Broker UOB Kay Hian Company Overview Pixel Valley Sdn Bhd (PVSB) is a subsidiary involved in construction projects, specifically focused on development works that contribute to the expansion...

Kerjaya Prospek Group: Poised for Growth with Strong Contract Wins and Resilient Earnings Outlook

Date of Report 24 October 2024 Broker UOB Kay Hian Company Overview Kerjaya Prospek Group is a construction company that specializes in high-rise building construction. It has a robust market presence, focusing on various...

Indorama Ventures (IVL TB) Set for Turnaround: Strong 3Q24 Guidance and Strategic Asset Optimization Drive Growth Potential

Date of Report: 24 October 2024Broker: UOB Kay Hian Company Overview Indorama Ventures (IVL TB) is one of the world’s largest polyester chain manufacturers, boasting a total production capacity of 17 million tonnes. Stock...