AAI.BK▲
Watch KLS and AAI stocks after Q4 2024 earnings recovery
Investors are watching KLS and AAI stocks after their Q4 2024 earnings recovered. KLS reported a net profit of 1.2 billion baht, up 15 percent from the previous year, while AAI posted a net profit of 850 million baht, recovering from a loss in the same period last year. Analysts view the strong performance as reflecting a recovery in core businesses and potentially supporting share prices in the short term.
Thunhoon·16dRead more ▾
AAI Q2 2026 net profit recovers 29.5% QoQ, interim dividend of 0.1416 baht
Asian Alliance International reported a second-quarter 2026 net profit of 178 million baht, up 29.5 percent from the previous quarter but down 8.6 percent from the same period last year. Sales and service revenue totaled 1.6 billion baht, up 2.7 percent from the previous quarter but down 6.2 percent year-on-year. Revenue from the pet food business was 1.464 billion baht, ready-to-eat food business 119 million baht, and by-product business 27 million baht. Gross profit margin improved significantly to 15.9 percent from 11.2 percent in the prior quarter. For the first half, total revenue was 3.158 billion baht, down 11.9 percent from a year earlier, and net profit was 315 million baht, down 30.4 percent year-on-year, representing 41.9 percent progress toward the full-year sales target of 7.6 billion baht. The board approved an interim dividend of 0.1416 baht per share, with the XD date on August 19 and payment on September 2, 2026.
InfoQuest·19dRead more ▾
AAI.BK▲
AAI second-quarter 2026 profit beats forecast by 32%, declares interim dividend of 0.1416 baht
Kasikorn Securities notes that Asian Alliance International, or AAI, reported a normalised profit of 172 million baht for the second quarter of 2026, exceeding its estimate by 32%, supported by a better-than-expected gross margin of 15.9%. Total sales came in at 1.6 billion baht, down 6% year-on-year but up 3% quarter-on-quarter. The research team maintains a hold rating and raises its target price to 3.40 baht from 3.10 baht. The company also announced an interim dividend of 0.1416 baht per share, representing a payout ratio of 96% and a yield of 3.5% for the first half of 2026. The stock will trade ex-dividend on 19 August 2026, with payment on 2 September 2026.
HoonVision·20dRead more ▾
AAI.BK▲
Thai exports in June 2026 grow 20.8%, beating forecasts, boosting ITC, AAI, GFPT, STA, DELTA
Thailand's exports in June 2026 expanded 20.8 percent from a year earlier, exceeding market expectations of around 15 percent, with a value of 34.6 billion dollars. Meanwhile, imports rose 50.3 percent to 41.1 billion dollars, resulting in a trade deficit of approximately 6.53 to 6.57 billion dollars. Key export growth drivers included pet food, which expanded for the tenth consecutive month, rising 22 percent, supporting ITC and AAI. Processed chicken grew for the seventh straight month, up 8.2 percent, boosting GFPT. Computers and components expanded for the 27th consecutive month, rising 57.4 percent, while phones, equipment, and components grew for the 13th straight month, surging 186 percent, benefiting electronic component stocks such as DELTA, HANA, and CCET. Rubber returned to growth for the first time in 14 months, supporting STA. On the risk side, new US tariff measures under Section 301 could affect some export stocks in the second half of the year.
Kaohoon·28dRead more ▾
AAI.BK▲
AAI says 12.5% US tariff has no impact, orders return after clarity
AAI confirms that the US raising import tariffs on Thai goods to 12.5% does not have much impact, as it is a small increase from the previous rate and trading partners have already accepted it. Thailand had previously faced a 19% tariff before it was reduced to 10%. The clarity on the tariff rate has prompted previously hesitant trading partners to resume normal ordering. Managing Director Ekaraj Phansang revealed that AAI still holds a structural advantage in the high-quality wet food segment that requires skilled labor, which US competitors cannot produce at competitive costs. The US market continues to grow 1 to 2% per year despite its already large base, and the company is also pushing ahead with European market expansion while benefiting from a weaker baht that supports profits, as almost all revenue is in foreign currencies while most costs are in baht. The earnings trend for the second half of the year is expected to be better than the first half, in line with orders starting to return.
ทันหุ้น·28dRead more ▾
AAI.BK▼
Asia Plus says new US tariff measures to pressure Thai exports in second half
Asia Plus Securities' research unit says new US tariff measures under Section 301, one of the risks to Thai exports in the second half of the year, will slow exports because Thailand faces a 12.5% levy, higher than some ASEAN peers like the Philippines and Malaysia, potentially reducing competitiveness. Thailand also runs a growing surplus with the US, and markets must watch for surplus-production tariffs the US has yet to announce, which will pressure the Thai economy's export sector. Product groups hit by the 12.5% tariff include pet food, processed food, and beverages, covering stocks such as AAI, ITC, PLUS, TU, and COCOCO, as well as electronics, including HANA, DELTA, KCE, and CCET. Major Thai goods exempted from the 12.5% tariff are oil, gas, and fertiliser, which the US imports heavily, easing pressure on refinery and oil stocks like PTT, PTTEP, TOP, IRPC, and BCP, and goods already under Section 232, such as automobiles, steel, aluminium, and copper, which eases pressure on processed steel and steel pipe stocks like PAP, TMT, and SAM, and auto parts stocks like AH and SAT. The Commerce Ministry reported that Thai exports in June 2026 grew 20.8% year-on-year, above the market forecast of 15.2%, while imports rose 50.3%, above the 35.8% forecast, resulting in a trade deficit of 6.565 billion US dollars. Standout products included pet food, up 22.3%, expanding for a tenth straight month; rubber, up 12.5%, returning to growth for the first time in 14 months; and processed chicken, up 6.1%, expanding for a seventh consecutive month.
Thunhoon·31dRead more ▾
AAI.BK▼
Phillip Securities says impact of US tariffs on Thai stocks limited, recommends monitoring animal feed and electronic components sectors
Phillip Securities assesses that the impact of the new US tariff wall on Thai stocks will be limited. Exempted goods include electronic components, communication equipment and devices, computer storage units, and other electronic devices, meaning stocks in the electronic components sector such as KCE, HANA, DELTA, and CCET will see minimal impact. Meanwhile, animal feed stocks like ITC and AAI may experience some effects. In a worst-case scenario, ITC's profit could decline by 240 million baht, or 7.1% from current levels, but the new base price of 18.02 baht still offers 5.88% upside from the current price. Thailand's trade figures for June 2026 continued to expand, with exports growing 8% year-on-year and imports rising 3% year-on-year.
HoonVision·34dRead more ▾
AAI.BK▲
Thai exports surge 20.8% in June, brokers highlight five stock groups set to benefit
The Trade Policy and Strategy Office of the Ministry of Commerce reported that Thai exports in June 2026 reached 34.66 billion dollars, up 20.8 percent from the same month last year, extending growth for a 24th consecutive month and exceeding market expectations of 13.7 to 15.2 percent. Meanwhile, imports totaled 41.19 billion dollars, rising 50.3 percent, resulting in a June trade deficit of 6.53 billion dollars. For the first half of the year, exports amounted to 196.74 billion dollars, up 17.6 percent, and imports reached 228.49 billion dollars, up 38.0 percent, leading to a cumulative trade deficit of 31.74 billion dollars. Analysts at Yuanta Securities noted that the stronger-than-expected exports and the deficit are factors weighing on the currency, and highlighted five stock groups poised to benefit: rubber, which returned to growth of 12.5 percent after 14 months, supporting STA, NER, and TEGH; processed chicken, supporting GFPT, TFG, and CPF; pet food, which continued to grow 22.3 percent for a tenth straight month, supporting ITC and AAI; canned seafood, which resumed expansion at 17.5 percent, supporting TU; and electronic components, which accelerated growth, supporting SMT, CCET, KCE, and HANA.
Kaohoon·34dRead more ▾