The reporter reported that today (23 Feb. ’23) the stock price Com7 Public Company Limited or COM7 Latest at 10:32 a.m., at 28 baht, plus 1 baht or 3.70%, highest at 28.25 baht, lowest at 27 baht with a trading value of 231.81 million baht.
Blo.Maybank In today’s analysis (April 5, 2023), COM7 estimated that the main net profit in the first quarter of 2023 was 843 million baht, an increase of 8% compared to the same period last year from revenues of 17.3 billion baht. up 18% compared to the same period last year The strong year-over-year revenue growth should be driven by 1) strong sales growth of the iPhone 14 Pro and Pro Max (returning to China in January). .66)
2) Government tax relief measures for consumer spending in January-February The 1Q23 core profit accounted for 23% of our full-year forecast.
We maintain our buy recommendation on the stock with a target price of 40.3 baht.
