Thailand: Listed companies EPS slashed to lowest in a decade


Image by The Nation Thailand/Asian News Network

BANGKOK, July 28 (The Nation Thailand/ANN): Several securities companies have cut listed companies' earnings per share (EPS) and second-quarter profit forecasts this year due to the Covid-19 impact on the economy.

Tisco Securities' senior strategist Apichat Poobunjirdkul said the company has cut listed companies' EPS to Baht 61.1 per share from Baht 67 per share in May, the lowest in 10 years, adding that listed companies' EPS was Baht 53.4 per share during the hamburger crisis.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In News

13 dead in central Senegal road accident
Indigenous people protest Brazil not protecting ancestral lands
Canada launches U.S. dollar global bond to bolster foreign reserves
Algeria hosts 23rd "Chinese Bridge" language competition for university students
Trump's three US Supreme Court appointees thrash out immunity claim
Alphabet reports revenues, net income jump in first quarter
Weekly storage of natural gas in U.S. increases: EIA
Intel reports revenue increase in first quarter
Microsoft reports Q3 results with net income, revenue increases
Finland's finance ministry downgrades growth forecast for 2024

Others Also Read