Telecom stocks moved higher against the broader market, supported by investment themes around the digital economy, Data Centers, and AI, according to KGI Securities Thailand. TRUE gained 2.16 percent to 14.20 baht, with turnover of 3.37 billion baht, while ADVANC rose 1.07 percent to 377 baht, on turnover of 1.66 billion baht. The research team forecasts TRUE's second-quarter 2026 profit at 6.8 billion baht, up 2 percent from the previous quarter and 232 percent from a year earlier, driven by higher margins and lower financial costs, and expects an interim dividend of 0.14 baht per share, representing a dividend yield of 1 percent, with a base-case target price of 14.9 baht.
True Corporation Public Company LimitedResearch forecasts Q2 2026 profit up 232% YoY, higher margins, lower financial costs, and interim dividend with target price.
Advanced Info Service Public Company Limited