OSP Surges 2% as Broker Predicts Resilient Performance in Q3 Despite Cost Headwinds

On Thursday at 10:41 AM (Bangkok time), the share price of Osotspa Public Company Limited (SET: OSP) rose by 1.62% or THB 0.30 to THB 18.80, with a trading value of THB 77.54 million.

 

Finansia Syrus Securities (FSS) has provided an outlook for OSP, expecting the company to deliver solid normalized profit in 3Q26 despite elevated costs throughout the quarter. Effective management is anticipated to limit the quarter-on-quarter decline in profit to 23% amid seasonal factors, while year-on-year profit growth is estimated at 20%.

Looking ahead, profit in 4Q26 is projected to recover both quarter-on-quarter and year-on-year. This improvement is attributed to the resolution of domestic energy drink distribution issues and a gradual recovery in the Myanmar market. FSS forecasts profit growth of 12% for 2026 and 3% in the following year.

As a result, the brokerage maintains a ‘Buy’ recommendation for Osotspa, with a 2027 target price of THB 20.00 per share.