Krungsri Securities reports that ADVANC posted a net profit of 13.7 billion baht in the second quarter of 2026, up 25% from a year earlier and 1.6% from the previous quarter, beating market estimates by 2%. The result was supported by an 11% quarter-on-quarter decline in selling and administrative expenses, thanks to a one-time reversal of fixed broadband business restructuring costs. Mobile and fixed broadband revenues grew strongly by 6% and 8% year-on-year respectively. The company also announced an interim dividend of 8.69 baht per share, with the ex-dividend date on 19 August, representing a yield of 2.3% for a two-week holding period. The research team maintains its 2026 earnings per share growth forecast at 15.9% and keeps a buy rating, while raising the target price to 430 baht from 417 baht, citing an attractive annual dividend yield of 4.5% with an upward trend.
Advanced Info Service Public Company LimitedQ2 profit up 25% beating estimates, dividend announced, and broker raises target price to 430 baht.
