Shares of Hana Microelectronics Public Company Limited, or HANA, rose 1.95% to 52.25 baht on trading value of 513.69 million baht, after Krungsri Securities Public Company Limited estimated that normal profit for the third quarter of 2026 will come in at about 317 million baht, up 733% from the same period a year earlier. It expects third-quarter 2026 revenue to grow about 10% from the previous quarter, accelerating from growth of 9% in the second quarter of 2026 and 2% in the first quarter of 2026, driven by the IC business and a recovery in demand in the PCBA business. The gross margin is expected to rise to 11.2% from 10.7% in the second quarter of 2026 and 6% in the third quarter of 2025, even though SG&A expenses are expected to increase 25% from the same period a year earlier. If it comes in as expected, normal profit for the first nine months of 2026 will account for about 62% of the full-year profit forecast. Krungsri Securities maintains its 2026 normal profit forecast at 995 million baht, up 24% from a year earlier, and expects profit to accelerate by another 44% in 2027. It also maintains its Buy recommendation with a target price of 64.60 baht, based on a 2027 P/E of 40 times.
Hana Microelectronics Public Company LimitedKrungsri Securities expects Q3 2026 normal profit to jump 733% and maintains Buy with 64.60 baht target
Bank of Ayudhya PCL