TEAMG Extends Gain by 8% as Consensus Expects 50% Earning Growth in 2022

The share price of Team Consulting Engineering and Management Public Company Limited (SET: TEAMG) continued to extend its gain by more than 8% after the opening bell on March 30, 2022, following an outstanding session yesterday that the share price had hit the ceiling. 

The share price of TEAMG rose 29.76% yesterday to close at THB4.36 per share, and continued to climb earlier today by 8.72% to THB4.74 per share. 

TEAMG made a clarification early Wednesday morning to the Stock Exchange of Thailand that there have been no significant developments that would affect the company’s securities trading volume or trading price after the company’s share price reached the ceiling on 29 March 2022.


According to Refinitiv, brokers’ consensus showed that TEAMG’s revenue will grow 17.25% in 2022 to record at 2,088 million baht. Meanwhile, net profit is expected to come in at 167 million baht, representing an increase by 49.72%, compared to 2021.