Bangkok Expressway And Metro Plc. (BEM): Flat 2Q26E Earnings Expected; Awaiting New MRT Fare Scheme - Outperform (12M FWD Fair Value Bt7.60)
With expressway traffic and MRT ridership expected to remain broadly stable, we forecast 2Q26E core profit to be flat YoY. We also expect a 2-year...
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Krungthai XSpring Zoom Eng. September 14, 2026
Brent crude oil prices rebounded more than 3% this morning after Saudi Arabia temporarily shut down its East-West oil pipeline following a drone...
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Bangkok Expressway And Metro Plc: 1Q26E Profit Flat; Double-Deck Talks To Start In May
We cut our core profit forecast to reflect a new amortization base from late 2025 and a softer traffic outlook, with expressway usage and mass...
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Bangkok Expressway And Metro Plc. (BEM): 1Q26E To Improve On Higher Expressway Traffic
4Q25 net profit (NP) was in line. 1Q26E NP should improve, with no repeat of last year’s disruptions from the Rama 3–Dao Khanong beam collapse and...
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BANGKOK EXPRESSWAY AND METRO Plc. (BEM): 4Q25E Core Profit Muted; 1Q26E Improving
We expect 4Q25E core profit to edge up YoY on lower interest expenses, while BTS ridership and expressway traffic remain broadly stable.
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