Key Indices
Top Stories
Company Update | i-Tail Corporation (ITC TB/BUY/Bt16.70/Target: Bt22.00)
- We expect ITC to report a net profit of Bt790m, (-3% yoy and -6% qoq). Excluding one-off items, we estimate 3Q26 core profit at Bt805m (+2.3% yoy, but -6% qoq). However, adjusting for the tariff refund recognised in 2Q26, core profit would rise 2.3% yoy and 11% qoq. We expect 4Q26 earnings to increase both yoy and qoq. Maintain BUY with a higher target price of Bt22.00.
Top Stories
Company Update | i-Tail Corporation (ITC TB/BUY/Bt16.70/Target: Bt22.00)
- We expect ITC to report a net profit of Bt790m, (-3% yoy and -6% qoq). Excluding one-off items, we estimate 3Q26 core profit at Bt805m (+2.3% yoy, but -6% qoq). However, adjusting for the tariff refund recognised in 2Q26, core profit would rise 2.3% yoy and 11% qoq. We expect 4Q26 earnings to increase both yoy and qoq. Maintain BUY with a higher target price of Bt22.00.
Key Indices
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