Newsletter

AH high term boosts Q1 heat up, auto parts sales soar – stock dimension


Stock dimensions – AH confirms that Q1/2023 budget growth is excellent! Responding to the high season supporting order flooding In addition, taking advantage of the 4% increase in Thai car production, leading to an increase in the OEM parts production business throughout the year, 2023, guaranteed income to make a new peak of 3.1 billion baht. Guru reached the target of 54.10 baht. .

AH operates in the business of manufacturing automotive parts. car dealership business and after sales service center by “Mr. Yeap Soo Chuan” The Chairman and CEO revealed that Q1/2023 performance is expected to grow excellently. Due to enter the high season This is when Japanese car operators have closed their fiscal period during the month. March brings more orders

in response to the increase in car production

Including the performance has the opportunity to grow every quarter Due to the merits of the Thai car industry in 2023, it grew 4% from the previous year, leading to an increase in the number of OEM parts manufacturing businesses as the chip shortage situation recedes. And the car makers gradually started launching EV Cars along with launching combustion engine cars.

New high income tooth 3.1 billion.

“Car dealership and service center business” in Thailand continued to expand well. o new car launch And the revenue from the new showroom is recognized for full year revenue in 2023, together with the opening of PROTON showroom in Malaysia in Q4/23, sales in Malaysia in 2023 are expected to grow significantly. operates parts manufacturing business Start turning profit since Q4/22 and will receive full positive results in 2023, so for the whole year 2023, the total income is expected to grow to a new height of 10-15%, touching 3.1 billion baht .

Yuanta Securities highlighted the outstanding stocks

Top Profit 1.88 billion baht.

Reach the target 54.10 baht.

Follow the stock dimension channel to receive capital market news via the link below.
Website: https://www.mitihoon.com/
Facebook: https://www.facebook.com/mitihoon
Youtube: https://www.youtube.com/@mitihoonofficial7770
Tiktok: www.tiktok.com/@mitihoon