Analysts at two securities firms expect True Corporation, or TRUE, to post strong net profit growth in the third quarter of 2026. Krungsri Securities forecasts net profit of about 6.996 billion baht, up 334% from a year earlier and 7% from the previous quarter, a record high, driven by higher revenue from mobile phone and broadband businesses, cost control after the merger, and lower interest burdens. Maybank Securities Thailand expects core profit in the third quarter of 2026 of about 6.9 billion baht, up 55% from a year earlier and 4% from the previous quarter. Krungsri Securities expects core profit in 2026 to grow about 40% and maintains a buy rating with a target price of 19 baht. Maybank has raised its dividend payout assumption for 2026 to 2028 to 75% to 80% from 70% to 72%, and expects dividend yields of about 4.6%, 5.0%, and 5.3% respectively, while maintaining a buy rating with a target price of 16.60 baht.
True Corporation Public Company LimitedAnalysts forecast record Q3 2026 net profit and maintain buy ratings with target prices of 19 and 16.60 baht.
Bank of Ayudhya PCL