บทวิเคราะห์ (Research)

WHAUP : Earnings preview - Several share price catalysts ahead We estimate Bt424m core profit for 3Q24F, falling 14% yoy but rising 37% qoq led by the power unit. Earnings would grow again in 4Q24F driven by improving power ops, and there is Bt0.6-1.2/share upside risk from power and water projects. These would be major share price catalysts. Maintain BUY rating.