Ngern Tid Lor Public Company LimitedQ2 profit beat expectations, brokers maintain buy ratings with higher target prices.

Tidlor Holdings Public Company Limited, or TIDLOR, reported second quarter 2069 profit of 1.533 billion baht, up 18.3 percent from the same period last year but down 5 percent from the previous quarter, which was better than analysts had expected. Trinity Securities said profit beat expectations by 5.46 percent, driven by loan portfolio expansion and income from the insurance brokerage business, and forecast 2026 profit growth of about 14.81 percent with a target price of 24.00 baht. Finansia Syrus Securities said profit was slightly above expectations as credit costs returned to a normal level of 2.09 percent, maintained its 2026 to 2028 profit growth estimate averaging 9.8 percent, kept a buy recommendation with a target price of 23.00 baht, and selected it as a top pick in the sector.
Ngern Tid Lor Public Company LimitedQ2 profit beat expectations, brokers maintain buy ratings with higher target prices.