Starflex Public Company Limited, or SFLEX, reported a normalised profit of 79 million baht for the second quarter of 2026, a new record high, up 28.1 percent from the previous quarter and 46.4 percent from the same period last year. The result was 24 percent above the research department's estimate, driven mainly by a record gross margin of 27.6 percent. Revenue came in at 514.4 million baht, up 4.8 percent from the previous quarter and 9.9 percent from the same period last year. Finansia Syrus raised its normalised profit forecasts for 2026 to 2028 by 4 to 6 percent and lifted its target price to 4.00 baht from 3.80 baht, maintaining a buy recommendation.
Starflex Public Company LimitedRecord profit and raised target price by Finansia Syrus.
