Klinique Medical Clinic's Earnings Likely to Be Supported by Robust Cash Sales -- Market Talk

0534 GMT - Klinique Medical Clinic's earnings are likely to be supported by robust cash sales, CGS International's Kasem Prunratanamala says in a research report. At an analyst briefing, the Thai company reported record-high 3Q cash sales, driven by robust demand across all brands and market share gains, the analyst notes. This bodes well for the medical-aesthetic services provider's 2H 2026-2027 revenue outlook. The brokerage lifts its 2026-2028 revenue forecasts for the company by 4%-9% to reflect improved sales momentum and a stronger revenue outlook. It upgrades the stock's rating to add from hold and raises the target price to 37.75 baht from 28.00 baht. Shares are unchanged at 32.75 baht. (ronnie.harui@wsj.com)

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October 16, 2026 01:34 ET (05:34 GMT)