Thai Stock Market Roundup March 1, 2019

– Low revenue caused AMATA’s 2018 profit to edge 28% lower from ฿1.4 billion to ฿1 billion, proposed 0.17 dividend payment, XD May 9th.

– PLANB announced a 39% growth in profit in 2018 along with an investment of ฿17.7 million in a Digital Out-of-Home media advertising operator in Singapore.

– AH grew 12% in profit in 2018 to ฿1.3 billion, proposed ฿0.60 dividend payment, XD March 14th.

– High expenses and operating loss sank THAI to face 4 times higher of deficit.

– ITD reported a loss of ฿305.62 million in 2017 mainly due to higher cost and expenses.

– PACE faced a loss of ฿5.15 billion in 2018 from investment and selling assets.

– TRUE booked a lower-than-expected profit in 2018 at ฿7.03 billion due to high cost and expenses.

– ZEN boasted a 71% growth of profit in 2018 from ฿81.81 million to ฿140.21 million from higher sales.

– GRAMMY turned from a ฿384 million deficit to find ฿15 million of profit in 2018.

– NUSA lower its loss in 2018 by 8% from ฿240 million to ฿222 million.

– EPCO’s 2018 profit grew 66%, proposed ฿0.10 dividend payment, XD May 3rd.

– MTC plunged 4%, denied rumors of buying SGF’s shares.

– GULF announced the feeding of 90MW electricity from “GNPM” to EGAT

– Institutions and Foreign Investors combined a selloff for a total of ฿5 billion in value to plunge SET by 12pts.

– SET closed at 1,641.44 points, decreased 12.04 points or 0.73% with ฿48.4 billion in value. Thai market went the opposite direction of major indices in Asia due to lower-than-expected total net profit from listed companies that missed the expectation by 18-19%.

 

Top 10 Most Impact Shares on March 1, 2019