Saturday August 15, 2020 11:15

Stocks and Financial Services Press Releases

BGRIM bucks the trend with 62.5% surge in Q2 profit with interim payment of 0.15 baht per share Stcoks—14 Aug 20

B.Grimm Power Plc (BGRIM) has bucked the trend of economic downturn caused by the Covid-19 pandemic with a robust 62.5% rise in the second-quarter net profit. The SET-listed private power producer posted 1,017 million baht in the net profit for

Banpu Power Reveals Satisfying 2020’s Half-Year Performance amid Challenging Economy Stcoks—14 Aug 20

- In Q4/2020, Shanxi Lu Guang power plant in China and solar farms in Japan expected to achieve COD; second wind farm in Vietnam to close deal for revenue recognition - Total capacity of 2,810 MWe; ready to reach goal of 5,300 MWe in 2025 with investment

MUFG Pledges Support to Southeast Asian Students in Japan Stcoks—14 Aug 20

MUFG Bank, Ltd. and Bank of Ayudhya (Krungsri) are amongst a group of MUFG companies and strategic bank partners in Asia that have jointly pledged JPY400 million (approximately THB116 million) to help Southeast Asian students in Japan tide through

CKP Predicts a Record High Revenue in Second Half of the Year After the Full Capacity Operation Stcoks—14 Aug 20

Mr. Thanawat Trivisvavet, the Managing Director of CK Power Public Company Limited (CKPower), or "CKP” in SET, announced the performance of CKPower and its subsidiaries for the second quarter of 2020 and 2020 mid-year. The overall performance of

Fitch Revises Outlook on Bank of Ayudhya to Negative; Affirms Ratings Stcoks—13 Aug 20

Fitch Ratings has revised the Outlook on Bank of Ayudhya Public Company Limited's (BAY) Long-Term Issuer Default Rating (IDR) and National Long-Term Rating to Negative from Stable. At the same time, Fitch has affirmed BAY's Long-Term IDR of 'BBB+' and

Fitch Revises Outlook on SMTB Thai to Negative; Affirms Ratings Stcoks—13 Aug 20

Fitch Ratings has revised the rating Outlook on Sumitomo Mitsui Trust Bank (Thai) Public Company Limited (SMTBT) to Negative from Stable. At the same time, Fitch has affirmed the bank's National Long-Term Rating of 'AAA(tha)', and its National Short-Term

Fitch Revises Outlook on EASY BUY to Negative; Affirms Ratings Stcoks—13 Aug 20

Fitch Ratings has revised the Outlook on EASY BUY Public Company Limited (EB) to Negative from Stable. At the same time, Fitch has affirmed EB's National Long-Term Rating of 'AA(tha)' and National Short-Term Rating of 'F1+(tha)'. The revised Outlook

Photo Release: EXIM Thailand Joins Hands with GJPCT to Promote and Enhance Thai Gems and Jewelry Stcoks—13 Aug 20

Mr. Pisit Serewiwattana (right), President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Somchai Phornchindarak (left), President of the Gems, Jewelry and Precious Metal Confederation of Thailand (GJPCT), recently signed a Memorandum of

Banpu reports overall stable performance in the first half of 2020 Gearing investment towards Stcoks—13 Aug 20

Banpu Public Company Limited (BANPU), a leading integrated energy solutions company in Asia Pacific, achieved stable results for the first half of 2020 through its key focus on increasing and maintaining cash flow by the acceleration of closing of

PTTEP remains constituent member of “FTSE4Good Index Series” for the 5th consecutive Stcoks—13 Aug 20

PTT Exploration and Production Public Company Limited (PTTEP), a Thai E&P company dedicating to providing a sustainable petroleum supply, continues to be recognized as a constituent member of the FTSE4Good Index Series for the 5th consecutive year.

WHAUP Expects Business Recovery in the Second Half of this Year Ready to Move Forward with Stcoks—13 Aug 20

WHA Utilities and Power Public Company Limited (WHAUP) announces its first half 2020 performance with revenue and normalized share of profits at Baht 1,282 Million and net profit of Baht 361 Million, while normalized net income is at Baht 397 Million.

SET appoints EVP in charge of IT development Stcoks—11 Aug 20

The Stock Exchange of Thailand (SET) has appointed Pattana Wongnirund as Executive Vice President (EVP), Head of Information Technology Development Group, Information Technology Division, effective August 16, 2020. SET President Pakorn Peetathawatchai

PTL posts upsurge in Q1 profit Stcoks—11 Aug 20

The flexible packaging industry witnessed an increase of 30-40% in demand for PET thin film in Q1. Flexible packaging accounts for approximately 70-75% of PTL revenues. As a result, Polyplex (Thailand) Plc (PTL)’s normalized net profit in Q1

CEOs: Post-Covid changes are permanent and there are more to come Stcoks—11 Aug 20

A new PwC survey of CEOs across the globe looks at the outlook for growth and the impacts of the COVID-19 pandemic on the way businesses operate now and in the future. According to CEOs, shifts towards remote working, automation and low-density offices

AIA Launches 'AIA Investment Management (Thailand)’ Offering Global Opportunities, Becoming Stcoks—10 Aug 20

AIA Thailand, a leader in the life assurance and unit linked market in Thailand, is driving the capital market by launching AIA Investment Management (Thailand) Co., Ltd. (AIAIMT) to manage funds under AIA unit linked policies. The company will leverage

Krungsri Finnovate Reveals Business Strategy for 2H/20 Stcoks—10 Aug 20

- Creating strategic partnership and investment in startups with high demand and potential growth in post Covid-19 crisis - Strengthening synergy with startups in R&D and futuristic innovation - Investing in “ICON Framework”, one of

KTC organises Flash Sale! Island Escape by Burasari exclusive promotion offering special rate Stcoks—10 Aug 20

“KTC”orKrungthai Card Public Company Limited,exclusively organises“Flash Sale Island Escape by Burasari”promotion for KTC credit cardmembers. Cardmembers can buy hotel accommodation vouchers atIsland Escape by Burasari, a newest

EXIM Thailand Joins Hands with Public and Private Alliances in Online Business Matching between Stcoks—07 Aug 20

Export-Import Bank of Thailand (EXIM Thailand) has collaborated with Bank for Agriculture and Agricultural Cooperatives (BAAC), Thailand Institute of Scientific and Technological Research (TISTR) and such affiliated network partners from the public and

Resilient ILM made profit in Q2/2020, despite the almost 2-month store Stcoks—07 Aug 20

ILM announced its first half of the year 2020, generating total revenue over 4 billion baht with a gross profit margin of 44.1%, after focusing on the product mix strategy to cope with COVID-19, while consumer behavior is getting more in favor of house

SET market report for July 2020 Stcoks—07 Aug 20

The Stock Exchange of Thailand (SET) Index at end-July closed at 1,328.53 points or a 0.8 percent decline from the previous month with various factors weighed on investors’ sentiments includingUS-China conflict, concerns over the second wave of

AIS earnings in Q2 drop due to COVID-19. Careful cost management yields profit Stcoks—07 Aug 20

AIS reported its Q2 earnings showing net profit of7,235million baht equal to a decline of6.7%compared YoY, but grew3.3%compared to Q1 as a result of strict cost control. Total revenue fell 4.1% to 42,256 million baht. The COVID-19 pandemic already

Thailand’s Eastern Economic Corridor Promotes Genomics Project as Center of Medical Stcoks—06 Aug 20

Thailand, already famed for its world class hospitals and success combating coronavirus, aims to enhance its role as a global medical hub by establishing a Thailand Genomics Sequencing Center in the country’s high-tech Eastern Economic Corridor

Thailand BOI Urges Investors to Focus on Business Upgrades Ahead of 2021 Stcoks—06 Aug 20

The Thailand Board of Investment (BOI) is urging investors to focus on enhancing productivity and efficiency through automation and human resource training by taking advantage of the key promotion measures offered to them, in order to prepare for the

The Royal Canadian Mint Recognizes the 150th Anniversary of the Northwest Territories in its Newest Stcoks—06 Aug 20

- Silver coin illustrating the diverse Indigenous cultures of the Northwest Territories designed by Inuvialuk artist Myrna Pokiak True to its commitment to celebrating Canada's history, cultures and values, the Royal Canadian Mint has issued a collector