Thanapiriya Public Company Limited, or TNP, signals outstanding second-half 2026 performance, supported by government economic stimulus measures and the Thai Helping Thai programme. Deputy Managing Director Amorn Phutthiphiriya revealed that the company plans to open five more new branches in the second half, adding to three opened in the first half, totalling eight branches for the year, with a total investment budget of 110 million baht, and targets revenue growth of 10 to 15 percent this year. Meanwhile, Globlex Securities Company Limited, or GBS, expects second-quarter profit of 55 million baht, up 9 percent from a year earlier and 13 percent from the previous quarter, benefiting from the increase in the state welfare card limit to 1,000 baht per month during June to September 2026 and the Thai Helping Thai Plus measures, which have helped same-store sales return to positive growth of 2 to 3 percent. GBS maintains its full-year 2026 net profit forecast at 229 million baht and gives a fair value of 3.58 baht, based on a price-to-earnings ratio of 12.5 times, while keeping a buy recommendation and expecting an attractive dividend yield of 4 to 5 percent per year.
Thanapiriya Public Company LimitedGovernment stimulus measures and new branch openings are expected to drive revenue growth.
