Accessible version Sansiri 2Q in line; presales should beat 2026 target Maintain Rating: BUY | PO: 1.66 THB | Price: 1.51 THB No liquidity concern; maintain Buy Despite 1.5x net gearing ratio at end-2Q26, we have no concern about liquidity risk due to SIRI's Bt25bn bank credit line that covers its Bt8.7bn debentures due to mature in 2H26 and Bt15.5bn in 2027. SIRI announced interim DPS of Bt0.05 (slightly above our estimate of Bt0.04, 51% payout ratio and XD on 27 Aug). 1H26 core profit comprised 44% of our ...