0507 GMT - B.Grimm Power could see a sharp EPS growth turnaround in 2027, TTB Wealth Securities' Nuttapop Prasitsuksant says in a research report. Easing margin pressure and full-year profit from its 179-megawatt Nakwol-1 wind project in South Korea are drivers, the analyst says. The project has been gradually commercializing its wind turbines since 4Q last year, with all 64 turbines expected to be in operation by 4Q 2026. The brokerage estimates equity income of 315 million baht from the project in 2026 and 850 million baht next year. It upgrades the stock to buy from sell and raises the target price to 14.00 baht from 12.00 baht. Shares are 0.8% higher at 12.30 baht. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 24, 2026 01:07 ET (05:07 GMT)
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