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KGI estimates TOP to report 4Q19 earnings of Bt1.7bn, improving YoY and QoQ from net losses of Bt4.8bn in 4Q18 and Bt683mn in 3Q19. The jump YoY and QoQ would be thanks to higher stock gains of Bt1.1bn in 4Q19, up from huge stock losses of Bt7.2bn in 4Q18 and Bt1.4bn in 3Q19. Crude run is also expected to improve 12% QoQ to 300KBD for the quarter as the company had a major maintenance shutdown of refinery June 15, 2019 July 15, 2019 (30 days).
Nawarat Patanakarn Public Company Limited (NWR) announced that on July 7, 2020, the company has signed the construction contract of the Mae Klong River Extradosed Bridge Project for Double Track Railway Construction Project; Nakhon Pathom-Hua Hin Section 1st Contract : Nakhon Pathom-Nong Pla Lai Section with A.S. Associated Engineering (1964) Co., Ltd worth 267,197,119 million. The construction period is between July 1, 2020 December 30, 2021.
KGI estimates TOP to report 4Q19 earnings of Bt1.7bn, improving YoY and QoQ from net losses of Bt4.8bn in 4Q18 and Bt683mn in 3Q19. The jump YoY and QoQ would be thanks to higher stock gains of Bt1.1bn in 4Q19, up from huge stock losses of Bt7.2bn in 4Q18 and Bt1.4bn in 3Q19. Crude run is also expected to improve 12% QoQ to 300KBD for the quarter as the company had a major maintenance shutdown of refinery June 15, 2019 July 15, 2019 (30 days).
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