BCPG - Robust Outlook for PJM – Strong Contributions from US CCGT
BCPG maintains a positive outlook on the PJM power market and capacity revenue, which are on an upward trend in 2025-26E and expected to remain...
262 Views
BCPG - Downbeat 1Q25 NP (On One-Off Items)
1Q25 net profit came in below expectations due to one-off items, and core profit was 13% below forecast, mainly on account of higher-than-expected...
314 Views
BCPG - Expect Strong 1Q25E Earnings QoQ, with Momentum Accelerating Further in 2H25E
We expect strong QoQ earnings in 1Q25E, mainly driven by the US CCGT projects, although earnings are expected to decline YoY due to the impact of...
168 Views
BCPG - Downbeat 4Q24 NP Due to Provision Expense on A/R; In-Line Core Profit
We maintain our core profit estimates for 2025-26E, expecting a solid contribution from the US CCGT projects and the kick- offs of new projects to...
160 Views
Bcpg - Smaller-Than-Expected Losses Due to Upbeat Earnings Contribution from US CCGT
A forex loss pressured the 3Q24 performance, resulting in an earnings reversal to a net loss, though the figure was smaller than expected due to a...
208 Views