Key Indices



Top Stories
Company Update | True Corporation (TRUE TB/BUY/Bt12.90/Target: Bt16.50)
- We expect TRUE to report a 3Q26 net profit of Bt6.97b (+343% yoy, +6% qoq). The yoy increase should come from the low base last year due to a one-time network outage incident while qoq growth is forecast to come from several businesses that have remained healthy. Earnings are projected to remain resilient, driven by continued growth in ARPU and subscriber numbers qoq during the low season. We maintain BUY with a target price of Bt16.50.
Top Stories
Company Update | True Corporation (TRUE TB/BUY/Bt12.90/Target: Bt16.50)
- We expect TRUE to report a 3Q26 net profit of Bt6.97b (+343% yoy, +6% qoq). The yoy increase should come from the low base last year due to a one-time network outage incident while qoq growth is forecast to come from several businesses that have remained healthy. Earnings are projected to remain resilient, driven by continued growth in ARPU and subscriber numbers qoq during the low season. We maintain BUY with a target price of Bt16.50.
Key Indices



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