Kasikorn Securities maintains buy ratings on CK and STECON, expecting strong second-quarter 2026 earnings and opportunities to secure major projects in the second half of the year. For CK, normalized profit is forecast at 725.7 million baht, down 1 percent from a year earlier but up 120.5 percent from the previous quarter. For STECON, normalized profit is forecast at 888.4 million baht, up 362.5 percent from a year earlier and 473.7 percent from the previous quarter. Excluding dividend income after tax, STECON's normalized operating profit is expected to be 225.8 million baht, up 17.6 percent from the same period last year and up 46 percent from the previous quarter. The target price for CK is 27.98 baht and for STECON 20.62 baht.
CH. Karnchang PCLKasikorn maintains buy rating with target price 27.98 baht, citing strong Q2 2026 earnings and project opportunities.
STECON Group Public Company LimitedKasikorn maintains buy rating with target price 20.62 baht, forecasting strong profit growth and project wins.
