Fitch expects profitability to weaken from the exceptional strength in 2021 as trading volume is unlikely to be sustained. The sector's net profit dropped by 22.7% yoy in Q122 with annualised return on equity down to 13.3% from 14.4% in 2021. Nonetheless, we expect Fitch-rated entities to be capable of maintaining their balance-sheet strengths and credit profiles. Our rating outlook on the sector remains stable.
The dashboard, "Thai Securities Dashboard: June 2022", is available at www.fitchratings.com or by clicking
on the link above.
Source: Fitch Ratings