Advanced Info Service Public Company LimitedInterim dividend, strong Q2 profit growth, and analyst upgrade to Buy with higher target price.
ADVANC has announced an interim dividend payment of 8.69 baht per share, while setting a target for core service revenue growth of 3 to 5 percent in 2026, supported by the digital economy and 5G adoption. Capital expenditure is budgeted at 30 to 35 billion baht to expand networks and digital businesses. For the second quarter of 2026, net profit came in at 13.7 billion baht, up 25 percent from a year earlier, helped by a rise in gross margin to 44.6 percent following the expiry of the 2100 megahertz spectrum agreement with NT. Asia Plus Securities has upgraded its recommendation to Buy with a target price of 428 baht, viewing ADVANC as a standout stock for growth and consistent dividends.
Advanced Info Service Public Company LimitedInterim dividend, strong Q2 profit growth, and analyst upgrade to Buy with higher target price.
Asia Plus Group Holdings PCLAsia Plus Securities upgraded ADVANC to Buy, reflecting positive view on the stock.