“KLINIQ Expands and Targets CLMV Market with Strong Brand and Cost Advantage | Stock Dimension News”

Stock dimensions – KLINIQ or The Clinic Plc. medical clinic Analyst sources indicate that the company is interested in negotiating with partners. To expand to more mass markets, it is expected to be clear within this year. Which is seen as a market that has the potential to grow with a huge amount of more than 60 billion baht and will grow more than twice or more than 1.2 hundred thousand million baht in the next 5-7 years

“We expect Q2 revenues to grow continuously.

Recognize 3 branches in full quarter

“Apiruj Thongwat” Chief Executive Officer of KLINIQ revealed that in Q1/23, 3 branches have been opened, expected to help support some growth. But will gradually start recognizing full quarterly revenue from Q2/23 onwards from the plan for the whole year to open 10 new branches, increasing to 50 branches from the end of last year with 40 branches.

Aiming to penetrate the CLMV international market

While Kasikorn Securities recommends “Buy, target 48.10 baht, expect net profit in 2023 at 240 million baht, and estimate that KLINIQ is in a good position to support beauty demand in Thailand. And there is an opportunity to penetrate the CLMV international market. KLINIQ has a strong brand and a cost advantage because of its network of branches. Funds received from the IPO will help propel the Company Grow your business faster and easier than your competitors.

Follow the stock dimension channel to receive capital market news via the link below.
Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon