JWD Jumps 12%, Analyst Expects Excellent Earnings in 2021 as Exports Recover

The share price of JWD Infologistics Public Company Limited (JWD) rose ฿1.70/share or 11.97% to ฿15.90/share as of 11:40 local time in Thailand with a trading value of 1,067 million baht.

Tisco Securities cited in its research that JWD has an interesting position as the region’s leader in logistics and supply chain services. It is projected to profit from the global economy’s recovery and the rebound in exports. Additionally, both internal growth and external M&A will contribute to JWD’s long-term stability. Core earnings are predicted to climb by 27% and 25% this year and next year, respectively.