TIDLOR reported a first-half net profit of 3.147 billion baht, up 26.2% from the previous year despite the economic slowdown. Second-quarter profit stood at 1.5332 billion baht, up 18.3% year-on-year. Meanwhile, brokers view the second-half momentum as positive, citing potential acceleration in loan growth, lower financial costs, and credit costs having passed their peak. ASL Securities expects full-year 2026 net profit of 6.03 billion baht, up 22.2%, with ROE rising to 16.6% from 15.1%. It maintains a "Buy" recommendation with a target price of 25.75 baht, based on a PBV of 1.8 times.
Ngern Tid Lor Public Company LimitedFirst-half profit surged 26.2% and broker maintains Buy with higher target price.
