The Thai Steel Cable (TSC) share price has increased only 4% since the beginning of the year, while other auto stocks have increased by 56-108%, AH (+108%), IRC (+63%), SAT (+73%) and STANLY (+56%). Japanese auto stocks have also strongly increased since January by 39-115%. TSC earnings have started to recover since 2Q09 with a net profit of Bt23mn +121% qoq ahead of other Thai auto stocks with lower qoq earnings or losses in 2Q09.
Thai Stocks, Trade & Investment Research > Blog > Thai Industry News > Thai Automotive Industry > TSC share price lags auto sector while profit recovers
TSC share price lags auto sector while profit recovers
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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