Brokerages expect ADVANC Q3 2026 profit of 13.4 billion baht; TRUE to surge 342% to 6.9 billion

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Summary · why it matters

Several brokerages have assessed the third-quarter 2026 results of ADVANC and TRUE, expecting ADVANC to post a core profit of 13.4 billion baht, up 11% year-on-year but down 2% quarter-on-quarter, weighed by a 9% rise in SG&A expenses and a recognized share of losses of 206 million baht from CLICX Bank, in which ADVANC holds a 39% stake. Revenue from the mobile and home internet businesses continued to grow. Brokerages set the highest target price for ADVANC at 430 baht. For TRUE, profit is expected at around 6.9 billion baht, up 342% year-on-year and 6% quarter-on-quarter, driven by revenue growth and cost reductions. Brokerages set the highest target price for TRUE at 18.60 baht and expect a third-quarter dividend of about 0.15 to 0.16 baht per share.

Impact on assets 2

Cloud & Digital Infrastructure▲ · 2 stocks
True Corporation Public Company Limited
TRUE
▲ PositiveCapitalrelevance

Brokerages expect TRUE Q3 2026 profit of ~6.9 billion baht, up 342% YoY, driven by revenue growth and cost reductions, with highest target price 18.60 baht.

Off-coverage companies 1

CLICX (Clicx Bank)Private▼ Negative
Capitalrelevance

ADVANC recognized a share of losses of 206 million baht from CLICX Bank, in which it holds a 39% stake.