Subpar earnings trend to continueThe fourth-quarter 2019 earnings announcement season finishes this coming week. Net profit growth was only marginal, with the Energy sector the main drag on earnings. The sector's slump squeezed S&P500 net profit by 2.5%. The sectors that are missing consensus estimates for net earnings are Energy, Petrochemicals and Refineries. The NESDC has revised down its 2020 growth projection to between 1.5% and 2.5%.

Source: Bangkok Post February 21, 2020 23:15 UTC