From Wall Street Journal: 2025-03-05 05:36:00

Maybank Securities (Thailand) predicts a weak operating outlook for PTT Global Chemical in 2025 due to oversupply and flattish demand growth in petrochemical spreads. The company may see low earnings from major maintenance shutdowns and potential impairment charges. Stock target price lowered to THB16.00 with unchanged hold rating. Shares up 7.05% at THB16.70.



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