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• NVj3k6qIb2
• 2024-07-05 01:58:12

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KTB Securities (Thailand) (KTBST) has made an analysis on Muangthai Capital Public Company Limited (MTC), maintaining the “BUY” recommendation as well as the target price at ฿52.00/share, seeing that MTC’s cost of funds to decrease in 2020-21E on soft loan of THB 6,000 million.

Moreover, the 2019 yearly financial performance appeared that the net profit was lower by 19.9% to 5,637 million baht compared to the net profit of 7,035 million baht in 2018 and the revenue was 140,943 million baht, decreased by 13.4% from total income of 162,773 million baht.

The share price of Sri Trang Gloves (Thailand) Public Company Limited (STGT) rose ฿3.75/share or 5.03% to ฿78.25/share as of 11:20 local time in Thailand (GMT+7), despite being imposed a “Cash Balance” by the Stock Exchange of Thailand due to its high turnover in the past week.