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...
86 Views
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...
96 Views
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...
125 Views
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.
129 Views
BANGKOK EXPRESSWAY AND METRO Plc. (BEM): Revenue To Improve, But With Rising Financial Risk
We initiate coverage on BEM with a Neutral rating and a 12-month fair value of Bt5.80, based on the earnings yield method using a 4.6% required...
156 Views