บทวิเคราะห์ (Research)

(EN) AMATA : Earning preview - Core profit to jump in 3Q led by IE and power units We estimate core profit at Bt816m for 3Q24F, jumping 49% yoy and 146% qoq. This would be led by the IE unit which gross profit to projected to rise 31% yoy and 86% qoq to Bt788m (more transfers and higher gross margin on better product mix) and larger contribution from power unit due to FX gains. We also expect expenses to return to normal. That would take 9M24F core profit to Bt1.5b, rising 11% yoy to 63% of our FY24F earnings. Profit should improve qoq in 4Q backed by stronger IE and power operations. Maintain BUY rating for AMATA.