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Tag: kaen
Khon Kaen Sugar keeps its focus on renewable energies
2015-02-10 08:11:54| Sugar Industry News
SET-listed Khon Kaen Sugar Industry Plc (KSL), Thailand's fourth-largest sugar miller, expects strong revenue growth this year despite global sugar prices being unlikely to provide substantial profit.
Tags: focus
sugar
energies
renewable
Thailands Khon Kaen Airport reopens after Thai Airways accident
2014-11-05 01:00:00| Airport Technology
Thailand's Khon Kaen Airport has been reopened after it was shut down for a day following an accident involving a Thai Airways International (THAI) aircraft.
Tags: airport
accident
thai
airways
Khon Kaen Sugar Industry
2014-09-23 10:52:38| Sugar Industry News
The key messages at the analyst meeting were in-sync with our view of the outlooks for global sugar prices and for KSL. An earnings recovery in 4Q14 and better performances by the ethanol and power units next year in tandem with improved sugar demand-supply dynamics and a sugar price recovery in 2H15 will lend support to the stock. Thus, share price downside risk from here appears limited. Our BUY rating stands, premised on a strong FY15 earnings growth profile and a cheap valuationKSL currently trades at an FY15 PER of 10.3x, far below its long-term mean of 15.8x and the regional peer average of 14.6x.
Tags: industry
sugar
khon
kaen
Khon Kaen Sugar Industry
2014-06-20 09:19:56| Sugar Industry News
KSL posted a 2Q14 (Feb-April 2014) net profit of Bt627m, up by 47% QoQ and 7% YoY. Stripping out a Bt10m profit from investments in derivative instruments for the quarter, core profit would be Bt617m, up by 44% QoQ and 62% YoY. The results were in line with our estimates and the street. The effect of lower-than-expected sugar sales volume was offset by a lower cost-of-sales and lower SG&A expenses than modeled.
Tags: industry
sugar
khon
kaen
Khon Kaen Sugar Industry
2014-03-18 16:00:03| Sugar Industry News
KSL posted a 1Q14 (Nov 2013-Jan 2014) net profit of Bt427m, up by 321% QoQ and 10% YoY. The result was 38% above our estimate and 20% clear of the consensus, due to higher-than-expected ethanol prices and sales volumes and lower-than-modeled tax expenses.
Tags: industry
sugar
khon
kaen