CH. Karnchang Likely to Post Solid Earnings CAGR over 2027-2029

Dow Jones

Jul 23

0602 GMT - CH. Karnchang is likely to post a solid earnings compound annual growth rate of 9% over 2027-2029, ttb wealth securities' Saksid Phadthananarak says in a research report. One driver is revenue growth from the Thai construction company's recognition of its 157-billion-baht backlog at end-1Q, the analyst says. Another is potential new orders, notably 35 billion baht for double-deck expressway and 27 billion baht for South Purple Line system installation, as both are being developed by its 42%-owned Bangkok Expressway & Metro. However, the brokerage trims the stock's target price to 22.50 baht from 23.00 baht to reflect a valuation roll-over, with an unchanged buy rating. Shares are unchanged at 18.70 baht. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 23, 2026 02:02 ET (06:02 GMT)

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Karnchang is likely to post a solid earnings compound annual growth rate of 9% over 2027-2029, ttb wealth securities' Saksid Phadthananarak says in a research report. One driver is revenue growth from the Thai construction company's recognition of its 157-billion-baht backlog at end-1Q, the analyst says. Another is potential new orders, notably 35 billion baht for double-deck expressway and 27 billion baht for South Purple Line system installation, as both are being developed by its 42%-owned Bangkok Expressway &amp; Metro. However, the brokerage trims the stock's target price to 22.50 baht from 23.00 baht to reflect a valuation roll-over, with an unchanged buy rating. Shares are unchanged at 18.70 baht. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 02:02 ET (06:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CH. 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Karnchang Likely to Post Solid Earnings CAGR over 2027-2029\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-23 14:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0602 GMT - CH. Karnchang is likely to post a solid earnings compound annual growth rate of 9% over 2027-2029, ttb wealth securities' Saksid Phadthananarak says in a research report. One driver is revenue growth from the Thai construction company's recognition of its 157-billion-baht backlog at end-1Q, the analyst says. Another is potential new orders, notably 35 billion baht for double-deck expressway and 27 billion baht for South Purple Line system installation, as both are being developed by its 42%-owned Bangkok Expressway &amp; Metro. However, the brokerage trims the stock's target price to 22.50 baht from 23.00 baht to reflect a valuation roll-over, with an unchanged buy rating. Shares are unchanged at 18.70 baht. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 02:02 ET (06:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POST","symbol_name":"Post Holdings","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653719405","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653719405","pubTimestamp":1784786520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0602 GMT - CH. Karnchang is likely to post a solid earnings compound annual growth rate of 9% over 2027-2029, ttb wealth securities' Saksid Phadthananarak says in a research report. One driver is revenue growth from the Thai construction company's recognition of its 157-billion-baht backlog at end-1Q, the analyst says. Another is potential new orders, notably 35 billion baht for double-deck expressway and 27 billion baht for South Purple Line system installation, as both are being developed by its 42%-owned Bangkok Expressway & Metro. However, the brokerage trims the stock's target price to 22.50 baht from 23.00 baht to reflect a valuation roll-over, with an unchanged buy rating. Shares are unchanged at 18.70 baht.  Dow Jones NewswiresJuly 23, 2026 02:02 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"POST":"Post Holdings"},"translate_title":"章。Karnchang 可能会在 2027-2029 年期间实现稳健的盈利复合年增长率","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1.5},"content_text":"0602 GMT - CH. Karnchang is likely to post a solid earnings compound annual growth rate of 9% over 2027-2029, ttb wealth securities' Saksid Phadthananarak says in a research report. One driver is revenue growth from the Thai construction company's recognition of its 157-billion-baht backlog at end-1Q, the analyst says. Another is potential new orders, notably 35 billion baht for double-deck expressway and 27 billion baht for South Purple Line system installation, as both are being developed by its 42%-owned Bangkok Expressway & Metro. However, the brokerage trims the stock's target price to 22.50 baht from 23.00 baht to reflect a valuation roll-over, with an unchanged buy rating. Shares are unchanged at 18.70 baht. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2026 02:02 ET (06:02 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}