บทวิเคราะห์ (Research)

SAV : Earnings Preview - New Record-High Quarterly Earnings Expected We maintain our Buy rating and raise our target price (TP25F) to 27.75 baht (from 25.75 baht). We remain positive on SAV’s 4Q24F net profit outlook, expecting another new record high of THB 132 million (+97% YoY, +4% QoQ) driven by the recovery in flight volume. 1Q25F earnings are expected to continue the growth trend seasonally. We anticipate the signing of (an air traffic management) MOU with Laos in 1Q25F, which could boost flight volume by a significant 2-3x.