TNP H2 Outlook Bright on State Support and Tourism Recovery; Broker Recommends Buy

thunhoon.com··TH·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

TNP reported net profit of 55.2 million baht for the second quarter of 2026, up 9.57% year-on-year, supported by same-store sales growth of 4.9% and the opening of three new branches in the first half, bringing the total to 59 branches in the northern region. SBI Thai Online Securities noted that the second-half outlook remains bright, driven by government stimulus measures such as the Thai Helps Thai project and the tourism recovery. The company plans to open five more branches and maintains its 2026 revenue growth target of 10-15%. It expects full-year net profit of 230 million baht, up 8.2%, and recommends a Buy with a fair value of 4.00 baht.

Impact on assets 1

Consumer Staples▲ · 1 stocks