FSS sets THB 23.00 target for Sri Trang stock

Published on 10/02/2026 at 00:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Land and Houses sets THB 23.90 for Sri Trang stock on September 16, 2026. Revenue reached THB 31.00 billion in the second quarter of 2026.

Sri Trang, TH0254A10Z14, Illustration mit AI erstellt.

Sri Trang Agro-Industry (ISIN TH0254A10Z14) received a THB 23.00 share-price target from Finansia Syrus Securities in an October 1, 2026 report, while the SET-listed rubber producer continues to show a sharp earnings recovery. Kaohoon International reported that the brokerage expects second-half profit to soften against the second quarter but still grow year over year.

Profit recovery strengthens the case

Investing.com Canada reports that revenue increased from THB 26.84 billion in the first quarter of 2026 to THB 31.00 billion in the second quarter. Net income also rose from THB 645.43 million to THB 895.00 million over the same periods, giving investors two clear measures of the rebound.

The operating comparison is important because the latest quarter combined higher revenue with stronger earnings. Cash from operating activities reached THB 6.98 billion in the second quarter of 2026, compared with THB 3.74 billion in the first quarter, according to the same financial data.

Rubber prices and EUDR sales matter

Land and Houses Securities initiated coverage with a THB 23.90 target and a Buy recommendation on September 16, 2026, according to Kaohoon International. The brokerage projects normalized 2026 profit of THB 2.70 billion, compared with a THB 426.00 million loss in the prior year, and forecasts revenue of THB 128.52 billion.

The same report expects EUDR-compliant rubber sales to rise from 17,214 tons in the second quarter of 2026 to 30,000 tons in the third quarter and more than 60,000 tons in the fourth quarter. That product mix could support selling prices and margins, although the report also highlights quarter-over-quarter profit pressure after the strong second-quarter base.

SET valuation stays below yearly high

Sri Trang Agro-Industry was quoted at THB 21.90 on the SET on October 1, 2026 at 4:39 p.m. ICT. Its market capitalization was THB 33.6 billion, and the 52-week range was THB 11.20 to THB 23.50 on the same market snapshot. The quote stood 6.81 percent below the 52-week high, calculated from those two THB values.

Lang & Schwarz showed a prior close of EUR 0.48 for September 30, 2026. The company operates across natural rubber products, gloves and other businesses, with rubber processing remaining the central earnings driver.