Thailand’s Klinique Medical Clinic Edges Higher with Growth Outlook in Penetrating CLMV Market

The share price of The Klinique Medical Clinic Public Company Limited (mai: KLINIQ) closed at THB 35.25 per share, increased THB 2.17 , the highest price was THB 36.50 and the lowest was THB 35.00, with a trading value of 200.62 million baht.


The Chief Executive of KLINIQ said that KLINIQ prepared to build more operation rooms as data showed that in Q4/22 foreign customers increased 39%, compared with Q3/22.


The company targets high-end customers and customers that need to redo their surgery, while planning to hold a development training for officers to be well-prepared for service in every branch all over the country.


Kasikorn Securities expected KLINIQ’s total profit of 2023 to be nearly 240 million baht, an increase 24% of YoY. The Research Department saw that KLINIQ could meet beauty demand in Thailand and has an opportunity to penetrate into the CLMV market. The firm gave a “ BUY ” recommendation on KLINIQ with a target price at THB 44.50 per share.