ITC second-quarter profit surges 21% to 844 million baht, beating estimates; raises full-year revenue growth target to 20%

EarningsCorporate Action
โดย Kaohoon·Read original
Summary · why it matters

ITC shares rose 2% after the company reported second-quarter net profit for fiscal year 2026 of 844.09 million baht, up 21.3% from a year earlier and 7% above the average analyst forecast. Total sales revenue came in at 4.87 billion baht, an increase of 8.8% from the same period last year. For the first half of fiscal 2026, net profit reached 1.72 billion baht, up 25%, while total revenue was 10.04 billion baht, a 15.1% increase from the prior year. The board also approved an interim dividend of 0.55 baht per share, representing a payout ratio of 96.2%, with the ex-dividend date set for August 11, 2026, and payment on August 26, 2026. Citing strong operating results, ITC raised its full-year 2026 revenue growth target in US dollar terms to 17 to 20%, up from the previous range of 9 to 12%, while maintaining its gross margin target of 23 to 25% and selling and administrative expenses to sales ratio of 9 to 10%.

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Consumer Staples · 1 stocks
i-Tail Corp. PCL
ITC
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Q2 profit beat estimates and full-year revenue growth target raised