On Thursday, the share price of Maguro Group Public Company Limited (mai: MAGURO) at the time of 11.07 a.m. was at THB 19.60, a THB 0.90 or 4.81% increase with a total trading value of THB 14.55 million.
Jakkrit Saisomboon, Chief Executive Officer of MAGURO, revealed that with the opening of Central Park, part of the Dusit Central Park project located at the Silom-Rama IV intersection, Bangkok will gain a new hub for modern, all-encompassing urban lifestyle, retail & curated experiences, and a culinary landmark that aims to offer a new epicurean experience for Asia.
The first phase of Central Park is set to officially open on September 4, 2025. MAGURO will introduce three Japanese dining brands to this destination, encompassing: a new imported brand, KIWAMIYA, the renowned original Hamburg steakhouse from Japan; the expansion of a current key brand with a new line, MAGURO Kappou, which delivers an innovative Japanese dining experience; and the latest branch of an existing prominent brand, HITORI SHABU, the original single-pot shabu specialty.
Meanwhile, Krungsri Securities has maintained its “BUY” rating on MAGURO and upgraded the target price to THB 21.50 from the previous THB 18.50 following upward revisions of profit estimates for 2025–2027.
Analysts forecast MAGURO will achieve an compound annual growth rate (CAGR) of 19% over the 2025–2027 period, driven mainly by: 1) the addition of new branches from both the existing portfolio and introduction of two new brands, both supporting robust revenue growth, and 2) higher profit margins underpinned by an increased sales mix from high-margin brands and improved cost management.
MAGURO continues to stand out as the preferred pick among food and restaurant sector stocks, given its strategy of rolling out new brands with a focus on the premium mass segment, which is expected to elevate both revenue and margins further.
