By Anuchit Nguyen
August 8, 2025 at 1:56 AM EDT
Takeaways by Bloomberg AI
$TAWNF
Thai Airways International Pcl’s shares climbed to the highest level in almost eight years after the state-controlled airline reported that net income for the second quarter soared nearly 39-fold from a year earlier.
The carrier rose as much as 10.5% on Friday to the highest intraday level since October 2018, extending its weekly gains to almost 340%. Its market value has reached more than 407.5 billion baht ($12.6 billion), making it the fifth-largest carrier in Asia, according to data compiled by Bloomberg.
Bullish
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