บทวิเคราะห์ (Research)

ADVANC : Earnings preview - Expect robust earnings in 4Q We reiterate a Buy call and Bt305 TP for ADVANC. Core earnings should be strong in 4Q24, rising 27% yoy and 6% qoq driven by higher revenues and good cost control. Final DPS should also be attractive at Bt5.4, implying 1.9% yield for 1.5-months’ holding period. We project earnings would grow by 20% in FY24F and 6.5% in FY25f with upside risk from spectrum auction.