The share price of Chularat Hospital Public Company Limited (CHG) rose ฿0.14/share or 4.73% to ฿3.10/share as of 16:15 local time in Thailand, with a trading value of 605 million baht.
Krungsri Securities (KSS) expected CHG to book 27% earnings growth YoY to 237 million baht in 1Q21F with higher revenues from SSO, COVID-19 services, and hospital management services. Operations should also improve YoY and QoQ in 2Q21. These would be near-term share price catalysts. Maintain BUY rating with target price of ฿3.80/share.