On Monday at 2:53 PM (Bangkok time), the share price of Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) jumped by 9.35% or THB 0.50 to THB 5.85, with a trading value of THB 537.51 million.
Krungsri Securities (KSS) stated that CCET reported robust September sales, totaling $553.13 million, representing a 13.4% increase year-on-year and an impressive 100.3% rise from August’s $276.11 million.
The brokerage firm views this sharp upturn as a direct positive driver for CCET and maintains a ‘Trading’ recommendation on the stock. The upbeat sales is also seen as an indirect positive for Delta Electronics (SET: DELTA) and Hana Microelectronics (SET: HANA).
With the strong sales performance, the analyst anticipates a favorable third-quarter result for CCET and believes this momentum may boost sentiment in the broader Thai electronics sector.
