Osotspa PCL(OSP.TB)Q224: Earnings in line after excluding one~off impairment
UBS·2024-08-15 03:55
ab 14 August 2024 Global Research and Evidence Lab First Read Osotspa PCL Q224: Earnings in line after excluding one-off impairment How did the results compare vs expectations? Osotspa (OSP) reported Q224 net profit of Bt604m (-28% QoQ, +10% YoY), below both consensus and UBS estimates on higher than expected one-off impairment from the divestment in non-core business. Excluding this, core net profit came in at Bt923m (+11% QoQ, +68% YoY), in line with UBS and consensus estimates. Similarly, both top line a ...