Bangkok Expressway and Metro Public Company Limited (SET: BEM) reported a net profit of THB 1,134 million for the third quarter of 2026, representing a 5% year-over-year (YoY) increase from THB 1,079 million in 3Q25. Service revenues remained flat at THB 4,327 million, edging up 0.2% YoY from THB 4,319 million. Basic earnings per share (EPS) grew to THB 0.08, up from THB 0.07 in the prior-year period.
Key Financial Highlights
- Net Profit: THB 1,134 million (+5% YoY)
- Expressway Revenue: THB 2,245 million (+0.1% YoY)
- Rail Business Revenue: THB 1,796 million (+1% YoY)
- Net IBD/E Ratio: 2.24x (comfortably under the 2.5x covenant cap)
The Expressway business generated THB 2,245 million in revenue (+0.1% YoY), maintaining an average daily…