Thai Stock Market Roundup February 26, 2019

– GULF recorded ฿20 billion of revenue in 2018 which boosted its core profit to jump 81% and also proposed a ฿1.20/share dividend payment, XD May 2nd.

– Loss from investment and sales plunge ICHI’s profit by 86% to ฿44 million.

– CHO made a turnaround to book a profit of ฿46 million in 2018 from high revenue.

– Low revenue pressured BEAUTY’s 2018 profit to fall 19%, still proposed ฿0.138 dividend. The company also announced a plan for 2019 to develop an e-commerce system and expand the brand in Chinese markets.

– CBG hiked three days straight over rumors of top British company had set its eyes on the energy drink producer.

– GLOW reported a lower profit in 2018, fell from ฿9.07 billion to ฿8.37 billion.

– CHAYO’s high revenue buoyed its 2018 profit to grow 47%.

– DDD’s 2018 profit fell 48% from lower international sales.

– PLANET turned to book ฿6 million of profit from a ฿32 million deficit in 2017 due to higher revenue and lower expenses.

– SRICHA added more loss in the statement from ฿46.55 million of a deficit in 2017 to ฿99.16 million of a deficit in 2018 due to higher service cost and low revenue.

– SAWAD booked ฿3 billion of profit in 2018, confident in Cathay Financial for huge support to the company.

– Local Institutions and Foreign Investors combined a ฿885 million selloff to plunge SET by 8.19 points.

– SET closed at 1,663.56 points, sank 8.19 points or 0.49% with ฿53 billion in value. SET index edged lower, followed the majority of Asian markets, especially SSEC that plunged 0.67% despite a huge gain of almost 6% yesterday. Moreover, a selloff in energy sector had caused a major impact on the market after the U.S. President Donald Trump demand OPEC to lower the oil price.

 

Top 10 Most Impact Shares on February 26, 2019