0236 GMT - JMT Network Services' weak business cycle likely lingers, Thanachart Securities' Rawisara Suwanumphai says in a research report. The debt tracking and collection services provider will probably face a structural slump in nonperforming-loan acquisitions, with limited NPL supply and funding constraints, the analyst says. The company's cash collection has collapsed amid Thailand's weak economy and scarce portfolios, driving its expected credit losses higher. The brokerage slashes its 2025-2027 earnings estimates for the Thai company by 33%-38%. It downgrades the stock's rating to sell from hold and lowers the target price to THB8.50 from THB13.00. Shares last closed at THB9.80. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
October 29, 2025 22:36 ET (02:36 GMT)
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