CCET Soars 9% as Sales in September Increase amid Geopolitical Tensions

On Thursday at 10:27 AM (Bangkok time), the share price of Cal-Comp Electronics (Thailand) Public Company Limited (SET: CCET) soared by 9.14% or THB 0.36 to THB 4.30, with a trading value of THB 446.96 million.

UOB KayHian Securities highlighted that CCET reported a sales revenue of THB 16.57 billion in September, marking a significant 47% surge from the previous month and a notable 23.1% increase from the corresponding period last year. The considerable growth is primarily attributed to geopolitical tensions and trade disputes between the U.S. and China, leading to the diversion of sales orders towards Thailand.