BEM Reports Record Q2 Profit of 1.01 Billion Baht

Bangkok Mass Transit System PLC (BEM) has delivered strong second-quarter 2025 results with net profit of 1.012 billion baht, up 19 million baht year-on-year and the highest quarterly profit in BEM's 10-year history. Total service revenue reached 3.982 billion baht, with over 50% derived from expressway toll operations serving more than one million vehicles daily, while the remainder comes from rail operations including Blue Line fares, which continue to grow annually. Rail business revenue for the quarter was 1.672 billion baht, up 3% from the prior year.

BEM has also demonstrated strong cost management by cutting financial costs by 9% through proactive debt management, helping maintain robust profitability margins. For the first six months of 2025, the company achieved net profit attributable to shareholders of 1.887 billion baht, reinforcing its status as a premium defensive stock with stable cash flows.

On major projects, the first Orange Line East train has completed manufacturing and testing in Turkey and is undergoing trials in Germany before shipment to Thailand. The second train, currently being tested in Turkey, is expected to arrive in Thailand by late November 2025, with trial operations beginning by year-end and full service launch planned for early 2027. The Orange Line West segment is 37% complete, while procurement of additional Blue Line trains is 43% advanced. Upon opening, the Orange Line East is expected to handle 100,000 trips daily, increasing to 300,000 daily trips when the full Orange Line network opens in 2030, driving BEM toward significant growth.