บทวิเคราะห์ (Research)

We upgrade GLOBAL to BUY, while maintain the TP at THB16, as the share price correction has been too deep, -18% mom, while the fundamentals remain unchanged. We maintain all estimates and project that core profit in 4Q24F could be THB576m, up 3% yoy – underpinned by the 9 store additions in the past 12 months, despite the -2% same-store-sales growth (SSSG) for the quarter.