บทวิเคราะห์ (Research)

MAJOR : Box office revenue in 4Q24 was good, But still less than last year. Box office revenue in 4Q24 recovered quarter-on-quarter due to seasonal factors, but still less than the high base of last year. However, we have a positive outlook on the cinema business in 2025 due to a significantly improved movie lineup compared to 2024. Initially, we estimate that the Top 10 Box office revenue in 2025 will increase by over +55% from 2024. We maintain Buy with a target price (TP25F) of 17.10 baht.