TU shares surge 7% as weak baht boosts exports; Bualuang says 2027 is the profit turning point

Price ActionAnalystMacro
โดย HoonSmart·THGB·Read original
Summary · why it matters

TU shares rose 7.26% to 13.30 baht, leading subsidiary ITC up 6.67% to 17.60 baht, supported by the baht weakening to 33.38-33.40 baht per US dollar and the onset of the export peak season. Meanwhile, Pi Securities is positive on Britain's move to cut import tariffs on Thai tuna to 0% from 24%, which should support revenue in the second half. Bualuang Securities said TU is entering a new profit cycle after its transition period begins to end, seeing 2027 as the turning point for profits, and raised its 2030 profit forecast by 30%, from 6.1 billion baht to 7.9 billion baht in an upside case, bringing ROE close to 15%, while maintaining a target price of 15.60 baht. The view aligns with TU's Investor Day in August 2026, led by Group Chief Executive Officer Thiraphong Chansiri and new Group Chief Financial Officer Ratiporn Ratcharoen, which indicated that TU is shifting from restructuring to harvesting benefits, with three main strategies over the next three years: expanding revenue, improving cost efficiency, and managing capital expenditure and cash flow cycles with greater discipline.

Impact on stocks 2

Consumer Staples▲ · 2 stocks
Thai Union Group PCL
TU
▲ PositiveCapitalMonetaryTariffrelevance

Bualuang sees 2027 as profit turning point, raised 2030 profit forecast 30% and maintains 15.60 baht target price.

i-Tail Corp. PCL
ITC
▲ PositiveDemandrelevance

Subsidiary ITC rose 6.67% alongside parent TU as weak baht and export peak season boost Thai seafood exports.

Off-coverage companies 2

Bualuang Securities Public Company LimitedPrivate± Mixed
Capitalrelevance

Bualuang Securities is cited for its positive analysis and target price on TU, not as a subject of the news.

Pi Securities Public Company LimitedPrivate± Mixed
Capitalrelevance

Pi Securities is cited for its positive view on Britain's tuna tariff cut, not as a subject of the news.

© 2026 MarketDXNews