Osotspa Public Company Limited, or OSP, is expected to report second-quarter 2026 net profit growth from the same period last year, even as total revenue softens. Dao Securities forecasts normalised profit of 1.105 billion baht, up 9 percent from a year earlier but down 4 percent from the previous quarter, on total revenue of 6.219 billion baht, down 9 percent year-on-year and 2 percent quarter-on-quarter. Tisco Securities estimates net profit at 1.114 billion baht, up 10 percent from a year ago and down 4 percent from the prior quarter, on revenue of 6.169 billion baht, down 9 percent year-on-year. Both research houses see the main support coming from a recovery in the domestic business and effective cost management, pushing the gross profit margin to a new high of 42.8 percent according to Dao and 43.0 percent according to Tisco, even though the export business, especially in Myanmar, remains pressured by import licence issues and changes in accounting standards. For the second half of 2026, the problems in Myanmar are expected to gradually ease, but seasonal factors and higher energy costs will still weigh on margins. Dao Securities maintains a buy recommendation and raises its target price to 20.00 baht from 19.00 baht, while Tisco Securities keeps its buy rating with a target price of 19.00 baht, noting that the stock is still trading below the sector average and offers a dividend yield of around 4 to 5 percent.
Osotspa Public Company LimitedBrokers maintain buy rating and raise target price on strong Q2 profit forecast and margin improvement.