Brokers highlight top picks: KKP profit beats expectations, AMATA buoyed by FDI

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Summary · why it matters

Several brokers have issued fundamental stock picks, with Kiatnakin Phatra Bank, or KKP, receiving positive recommendations from multiple houses after reporting stronger-than-expected second-quarter 2026 earnings. Maybank noted a profit of 2.1 billion baht, up 51 percent year-on-year and 9 percent quarter-on-quarter, beating market forecasts by 19 percent. Meanwhile, Krungsri Securities raised its 2026 to 2028 profit estimates by 10 percent per year and expects 2026 profit to grow 32 percent, driven by outstanding wealth management business. Pi Securities pointed to a net profit of 2.2 billion baht and a decline in the NPL ratio to 3.5 percent. For other sectors, KGI Securities assessed that Amata Corporation, or AMATA, saw second-quarter 2026 profit surge from 140 million baht a year earlier to 1.17 billion baht, supported by record-high investment promotion applications and accelerating data centre investments. Meanwhile, CGS International upgraded Ratch Group, or RATCH, to buy after the renewal of the Ratchaburi power plant contract until 2034 and full consolidation of HKP from the fourth quarter of 2025.

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