FLE shares begin trading on mai on Sept 1

Earnings

โดย thunhoon.com·

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Summary · why it matters

Frontline Engineering Public Company Limited, or FLE, will begin trading its securities for the first time on the Market for Alternative Investment (mai) on September 1. The company operates in the sourcing, distribution, and rental of water pumps, as well as comprehensive water management, under the industrial products group. CEO Mr. Panu Chokapirat stated that the funds raised will be used to purchase machinery and equipment, expand production capacity, repay debt, and serve as working capital. Meanwhile, Origin Property Public Company Limited, or ORI, announced the successful sale of its 3/2569 debentures, both tranches, totaling 800 million baht, offered from August 25-27, which were fully subscribed as expected. Jubilee Enterprise Public Company Limited, or Jubilee, reported a 26.2% increase in net profit for the first half of the year compared to the same period last year. Additionally, Energy Absolute Public Company Limited, or EA, received the Outstanding Industry Award for the year 2568 in the category of Future Industry and Services. North East Rubber Public Company Limited, or NER, received the ESG100 Company certificate for the year 2569 from the Thai Institute of Directors. Thai Coconut Public Company Limited, or COCOCO, posted a first-half profit of 205.16 million baht, up 44.24%, driven by strong growth in coconut milk and pet food products in America and Europe, and is proceeding with investment through its subsidiary NOVOCOCONUT INC. in the Philippines.

Thai Coconut Public Company Limited ▲

Jubilee Enterprise Public Company Limited ▲

Origin Property PCL ▲

Energy Absolute Public Company Limited ▲

North East Rubbers Public Company Limited ▲

Impact on stocks 5

Consumer Staples▲ · 1 stocks

Thai Coconut Public Company Limited

▲ PositiveDemandrelevance

First-half profit up 44.24% driven by strong growth in coconut milk and pet food products in America and Europe.

Consumer Discretionary▲ · 1 stocks

Jubilee Enterprise Public Company Limited

▲ PositiveCapitalrelevance

Reported a 26.2% increase in net profit for the first half compared to the same period last year.

Real Estate▲ · 1 stocks

Origin Property PCL

▲ PositiveCapitalrelevance

Successfully sold its 3/2569 debentures, both tranches totaling 800 million baht, fully subscribed as expected.

Electrification & Mobility▲ · 1 stocks

Energy Absolute Public Company Limited

▲ PositiveRegulationrelevance

Received the Outstanding Industry Award for 2568 in the Future Industry and Services category.

Materials▲ · 1 stocks

North East Rubbers Public Company Limited

▲ PositiveRegulationrelevance

Received the ESG100 Company certificate for 2569 from the Thai Institute of Directors.

Off-coverage companies 1

Frontline EngineeringPrivate▲ Positive

Capitalrelevance

FLE begins trading on mai on Sept 1, with IPO proceeds to fund machinery, capacity expansion, debt repayment, and working capital.