Thanin Srisethi, chief executive of DOD Biotech, centre right, and Teeraphat Petporee, chief financial officer of JKN, centre left, at Tuesday’s MoU signing between the two companies.
JKN Global Media’s (JKN) share price surged 11.76% to close at 11.40 baht on Tuesday following the news of its memorandum of understanding (MoU) with DOD Biotech (DOD) to develop hemp-infused supplement and cosmetic products and take over 24-hour airtime on News 18 TV channel to sell the products.
An analyst at KTBST Securities (KTBST), who requested anonymity, expects JKN’s earnings in 2020-22 will continue to grow above 18% annually, with an upside in its 2021 revenues from sales through News 18 and 2022…
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