บทวิเคราะห์ (Research)

We view Positive on the (norml) 3Q24F profit trend at THB 922 million, +20% y-y and +34%q-q, the highest in the aviation sector due to the high season in Koh Samui supporting stronger flight statistics. For 4Q24F, entering the high season of the aviation industry, we expect flight statistics to remain strong. We maintain Buy and raise the target price (TP25F) to 28.75 baht (previously 25.75 baht), reflecting an upward revision of profit estimates due to lower-than-expected oil prices.