บทวิเคราะห์ (Research)

ADVANC : Earnings Result - Core operations beat expectations 2Q24 net profit came in at Bt8.55b, missing our estimate but that was because of higher accrued bonus (Bt267m) in the quarter. Excluding this, core profit was Bt8.75b, a notch above our estimate. We raised 2024-25 earnings by about 4% to reflect higher mobile revenues. ADVANC has declared Bt4.87/share interim dividend. Maintain BUY rating with a higher TP of Bt280 (from Bt275) after the earnings upgrade.