AAI revised up FY margin to 21% vs 17% previous guidance, supported by robust growth from PET food sales, sets Bt430m capex to expand warehouse & packaging unit, firms on Bt6.5b FY revenue target.

Comment: Minting it, supply of flights in the skies still below 2019 levels.

CHAYO allots Bt1.5b budget to acquire bad debts by end of year, expects to add around Bt10b in portfolio, anticipates finance institution purge bad debts around Bt300b in 2H.

Comment: Yes but CHAYO’s owner isn’t focused on the business, still a B/C grade version of JMT.

CIVIL maintain Bt5.5b FY revenue target, Bt3.2b out of Bt25.7b backlog to realize in 2H, expects to sign TH-China high speed rail contract (13.3km Ban Pho-Phra Kaew section) within next few months.

CPN may see FY revenue growth exceed 10% target driven by robust traffic thru malls, strong contribution from office, hotels and residential property.

Comment: Still the best mall developer in town, everything they’re adding to the malls is doing well. Only question is whether Temu and Shein are going to eat into their tenants sales and hurt % revenue.

KTB: AOT extends Bt40b credit line (Bt25b Short-term & Bt15b Long-term) with the bank till 2027

MASTER’s 3Q rev may rise to record high, on seasonal, boosting FY24 growth to >20%, foreign clients rose to 24% overall, target 25-30% in 2-3 years, potential move to SET from MAI in Oct.

Comment: The perfect thai play, tourism, hospitality and ladyboys

SIRI is expected to record Bt1.58b gains from disposal of The Standard hotel chain to Hyatt, translated to Bt0.09 EPS, Kaohoon.

Comment: They got a great price for it.