At 3:51 P.M., the share price of B.Grimm Power Public Company Limited (SET: BGRIM) stood at THB 15.10 per share, an increase of THB 0.60 or 4.14%, with a trading value of THB 597.89 million, following the company’s possible outstanding quarterly performance outlook.
KGI Securities (Thailand) stated that BGRIM’s 4Q25 earnings outlook is set to show significant growth. The securities company expects the core profit to reach THB 510 million, up 55% year-on-year and up 23% from the previous quarter, mainly due to the recovery in SPP power plant profit margin.
Additionally, BGRIM is supported by positive sentiment from the new government’s Thailand Fast Track policy, especially for data center projects, which require substantial electricity consumption, directly benefiting power plant operators.
In terms of valuation, BGRIM’s stock price remains inexpensive, trading at around 17 times forward P/E, which is still lagging compared to historical averages and close to -2SD at around 15 times.
