SJWD shares rose 3.23% to 9.60 baht after several brokers forecast second-quarter 2026 profit would hit a record high since the merger with SCG Logistics. Dao Securities estimated normalised profit at 360 million baht, up 26% from a year earlier, and raised its target price to 12.00 baht from 10.50 baht. Krungsri Securities projected normalised profit of 341 million baht, up 20% year-on-year, maintaining a buy rating and target of 11.00 baht. Asia Plus Securities estimated net profit at 369 million baht, up 31% from a year ago, keeping a buy recommendation and target of 10.50 baht. The strong performance was driven by growth in the transport and warehouse business, supported by uncertainty in the Middle East, along with an expanding customer base and improved cost management efficiency.
SCGJWD LOGISTICS PCL NON-VOTING DRMultiple brokers raised target prices and forecast record Q2 profit, driving share price up.