Stock Dimension – INTUCH Brokers cheer loudly as Q4 profits grow and increase ADVANC’s profit share target, classifying it as a 5.6% dividend yield stock.
INTUCH by Bualuang Securities stated that Q4/2023 net profit was 3.13 billion baht, an increase of 15% YoY and +1% QoQ, supported by higher core service income. Reduced cost of sales and profits from investments in JASIF and TTTBB, net profit in 2023 at 11,638 million baht, 2024 target at 102 million baht.
“Q4 profit is expected to grow significantly. Strong dividend yield of 5.6%.”
Yuanta Securities (Thailand) stated that it expects INTUCH’s Q4/2023 normal operating results to grow QoQ.
and YoY with expected normal profit of INTUCH in 2024 at 13.2 billion baht (+13.6% YoY), thus evaluating the appropriate price in 2024 at 86.50 baht/share, expecting the dividend yield in 2024 of INTUCH to be 5.6% per year. Price still Laggard
“Broker increases ADVANC profit share by 9-10%”
Meanwhile, Asia Plus Securities stated that it has increased its net profit forecast for 2023 – 2024 of INTUCH according to the improvement.
ADVANC’s profit has increased previously. It is expected that the profit share from ADVANC in 2023 – 2024 will be 9% and 10% higher than before, respectively. As a result, INTUCH’s profits increased approximately 9-10% to 12.2 billion baht, an increase of 16% from YoY.
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2023-12-19 12:51:52
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