Thailand’s Healthcare Leaders: BCH and BDMS Set to Drive Growth in 2023
Our main choices are BCH and BDMS, who are leaders in the Thai patient market. We expect this year’s core business profit to grow by 20% and 11%, respectively. Revenue growth from Thai patients is higher thanWe expect CHG profits to grow 22% yoy this year, BCH +20%, BDMS +11%, and BH +2%. We expect […]
Healthcare Company BCH Sees Decrease in Patient Cash Income, But Expects Return to Normal Growth in FY24F
Patient cash income fell 5% qoq to 2.1 billion baht Covid-19 income was negative 72 million baht in 4Q compared to negative 19 million baht in 3Q, but SSO income increased 3% to 1 billion baht due to additional profit.. 44 million baht (which includes 54 million baht in risk income and reducing high expense […]
Bank’s 2024 Financial Goals Set in Anticipation of Interest Rate Decline
The 2024 target reflects expectations that interest rates will fall in 2H24F from yesterday’s analyst meeting. The Bank sets financial goals as follows: Related content #Individual #stock #analysis #Krungsri #Securities #BBL #positive #opinion #Predictably #concern #price
Positive Outlook for Industrial Estate Industry: Upgraded Earnings and Increased Customer Base
We maintain our view on the positive outlook for the industrial estate industry. Supported by a large number of new customers. and more geopolitical risks. And this year’s land sales may exceed WHA’s target of 2,275′ and our estimate of 2,400′ We continue our BUY recommendation. The latest guidance leads us to upgrade 4Q23F earnings. […]
BCH 4Q23 Revenue Drop and Future Outlook: A Buying Opportunity
This may result in a drop of no more than 10 million baht in revenue in 4Q23. For the forward trend, BCH is likely to be the least affected because it has the largest number of insured people enrolled and has the capacity to treat patients with complex diseases. the share price fell 3% yesterday […]
HMS Awarded Large Data Center Job, Expects Breakthrough in Backlog Revenue
HMS or Infraset Public Company Limited Industry news sources revealed that HMS was awarded a large data center job worth up to 1.2 billion baht at the beginning of this year and would be making a backlog. The company’s income has reached 2 billion baht, making this year’s income reach 1.6-1.7 billion baht, growing from […]
Maintained BUY Recommendation and Increased Target Price for INTUCH: A Closer Look at the Forecasted Profit Increase
We maintain our BUY recommendation on INTUCH by increasing our target price to 98 baht from 94 baht as we have raised our profit forecast in line with ADVANC. Meanwhile We expect 4Q23 profit to be strong at Bt3.12 billion (+14% yoy and 2% qoq) from ADVANC profit, and there may be an upside in […]
Analysis of the SET Index: Weakening Trend and Support Level Evaluation for January 16, 2024
The analysis department of Krungsri Securities said that the SET Index of the stock market yesterday fell by 7 points (-0.46%), closing at 1,407 points. Large Cap stocks had selling pressure due to certain negative factors, such as PTT taking a disadvantage from gas price restructuring, SCC Preview 4Q23 the budget risks a net loss […]
Stock Analysis and Market Trends for Beverage and Food Industry in 2024
The department estimates that the stocks that will benefit the most from the drop in sugar prices in the world market are SAPPE and CBG, as they have a high export share of 82% and 50%, respectively, and sugar-to-total revenue ratio of about 5. % and 4% respectively (Beverage products sold abroad are based on […]
BDMS Projects Strong Revenue Growth and Margin Improvements for 2023, Despite Near-Term Profit Decline
BDMS Reports Strong Revenue Growth and Increased EBITDA Margin in 2023 Despite a 9% year-to-date decrease in stock price, Bangkok Dusit Medical Services (BDMS) has announced a promising outlook for the fourth quarter of 2023. The company’s net profit is expected to grow by 12-18% year-on-year, although it may experience a 6-10% quarter-on-quarter decline to […]
