KCE Electronics' 1H Earnings Set to Be Weak on Strong Baht, High Copper Prices -- Market Talk

Dow Jones
Feb 16

0152 GMT - KCE Electronics' 1H earnings are likely to be weak, dragged by a strong Thai baht and elevated copper prices, UOB Kay Hian analysts say in a research report. The brokerage sees limited ability for the Thai company to pass through higher copper costs to clients amid weak automotive demand in 2026, together with a non-aggressive copper hedging policy, the analysts say. Also, the printed circuit board manufacturer's 4Q operating sales were softer than expected. The brokerage maintains the stock's sell rating but raises its target price to THB14.80 from THB14.00 to reflect upward revision of forward price-to-earnings band. Shares last closed at THB18.90. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

February 15, 2026 20:52 ET (01:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10