A quick summary of the companies and ….awful predominately predicated around the petrochemical co’s and energy companies.

• The aggregate earnings of stocks came in at THB 165bn in 3Q24, down 23% QoQ and 29% YoY, driven primarily by the Petrochemical, Energy, and Construction Materials sectors.
• Strip out Petrochemicals & Energy – and the picture improves, especially YoY w/ profit increasing +18%…but this is driven mainly by the agri players – and so it’s still flat YoY.

My expert analysis says – it’s been a shitty 12 months for listed Thai entities.

Note: These aren’t all companies listed on the SET/MAI