CCET core profit in 2Q26 beats expectations by 27%; broker keeps target at 10 baht

EarningsCorporate Action
โดย HoonVision·TH·Read original
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Cal-Comp Electronics Thailand, or CCET, reported core profit for the second quarter of 2026 at 752 million baht, up 40.7% from the previous quarter and 4.1% from a year earlier. That was 27% above market expectations and 20% above Yuanta Securities' forecast, supported by total revenue of 34.8 billion baht, which grew 17.2% from the previous quarter, and a gross margin of 5.31% that improved on production efficiency and a weaker baht. The company announced an interim dividend of 0.07 baht per share, with the stock trading ex-dividend on 31 August 2026. Yuanta Securities maintained a buy rating and a target price of 10.00 baht per share, based on a price-to-earnings ratio of 30 times, saying second-half profit should grow on an industry upcycle and the absence of factory relocation costs.

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