0707 GMT - Central Pattana's profit growth is likely to accelerate this year, Maybank Securities (Thailand)'s Wasu Mattanapotchanart says in a research report. Its 2026 profit growth should be driven by new shopping malls and the transfer of Dusit Residences, the analyst says. Gross margin of the real-estate developer and manager should increase this year, thanks to energy cost savings and renovation completions of four malls during 4Q 2025-4Q 2026. The brokerage lifts its 2026-2027 core profit estimates for the Thai company by 4%-6%. It raises the stock's target price to THB75.50 from THB67.00 with an unchanged buy rating. Shares are 0.7% higher at THB69.00. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 26, 2026 02:07 ET (07:07 GMT)
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