Krungsri Phatthanasin Securities stated in today’s analysis (May 12, 2023) that Advanced Info Service Public Company Limited or ADVANC expects a profit for the year 2023 at 2.8 billion baht, growing 8% compared to the same period of last year from the original business income recovering 9% and paying more attention to the quality of customers, including 5G groups, including New S Curve such as Fiber, corporate customers, etc.
where ADVANC is still at the point of high competitiveness + strong financial position In the medium term, we are indirectly optimistic about lower competition and expect more upside from the infrastructure fund establishment plan.
short term good momentum The 2Q23 profit is expected to increase compared to the same period last year. and compared to the previous quarter from increasing mobile phone revenues and fiber revenues growing as usual and electricity costs decreasing The share price trades at 8x EV/EBITDA (-1 SD) and pays dividends around 4% per year.
2023-05-12 06:28:11
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