BEM sees record high profit this year to Bt3.9b, boosted by Government’s Bt20 flat fare for electric trains in BKK effective from Oct 1 this year, covering 8 lines and 13 routes and 276.84kms in total, seeing 20% jump in ridership.

Comment: Well yes and no, it’s a function of a new line up and running and thus more ridership and revenue to recognise. The 20 baht story is … well… bs imo, though it would be good for the citizens of bangkok to have access to a quality cheaper service system that is at the same price as singapores, and where the capital doesn’t just go to enriching 2 families, but then again pigs don’t fly.

GUNKUL eyes 180MW PPA pjs in 2H25, together with several large EPC projects worth Bt11b, firm on 10-15% revenue growth target.

PRM sets up a subsidiary in SG with USD50K registered cap with 87.5% stake via NSSG to expand marine fleets for oil-tanker and Petrochem transports in Asia.

Comment: One of those names that coulda woulda shoulda traded higher but never really did.

TRUE in collab with OTT partners, Netflix, YouTube Premium, iQIYI, and sports apps for “5G Super Max”, offering Bt100/month discount for payment via True/DTAC phones.

Comment: Who cares… AIS is going to spank them…I suspect that True is going down the Telenor model with DTAC, i.e. subpar service, but great financial performance, True is already excellent with the subpar service, let’s see if they can maintain the continued financial performance.