Advanced Info Service Likely to Report Strong 4Q Core Profit -- Market Talk

Dow Jones01-03 15:33

0733 GMT - Advanced Info Service is likely to report strong 4Q 2024 core profit on solid revenue growth, Maybank Securities (Thailand)'s Wasu Mattanapotchanart says in a research report. The mobile operator's 4Q mobile revenue is forecast to rise 1% on quarter, thanks to a low base in 3Q and rising tourist arrivals in Thailand, the analyst says. The Thai company's 4Q fixed broadband revenue is projected to grow 2% on quarter, owing to subscriber additions and higher average revenue per user, the analyst adds. The brokerage lifts its 2024-2026 core profit forecasts for Advanced Info Service by 2%. It raises the stock's target price to THB300.00 from THB296.00 with an unchanged hold rating. Shares are 0.7% lower at THB283.00. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 03, 2025 02:33 ET (07:33 GMT)

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The mobile ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B66KJ199.SGD","symbol_name":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2500839168","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500839168","pubTimestamp":1735889580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0733 GMT - Advanced Info Service is likely to report strong 4Q 2024 core profit on solid revenue growth, Maybank Securities 's Wasu Mattanapotchanart says in a research report. 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