On Friday at 11:04 AM (Bangkok time), the share price of Bangkok Chain Hospital Public Company Limited (SET: BCH) surged by 2.21% or THB 0.30 to THB 13.90, with a trading value of THB 173.37 million.
Kasikorn Securities (KS) has expressed a positive view on BCH, forecasting stronger performance in the third quarter of 2025 compared to the previous quarter. The analyst noted that the onset of the rainy season typically marks the high season for the hospital segment, which is likely to boost BCH’s earnings. The company is also expected to benefit from a one-off revenue recognition related to social security.
KS further pointed out that income from Kuwaiti patients is expected to normalize, with prospects for recovery after discussions with representatives from the Kuwaiti consulate during the “Rediscovering Health in Thailand” event—a development seen as offering future upside.
The brokerage firm projects that robust third-quarter profits will help drive BCH’s second-half 2025 revenue higher compared to the first, supported by growth from both local and international patients. Losses from BCH’s three newest hospitals are anticipated to narrow, while Kasemrad Pathumthani Hospital is showing improved revenue momentum after undergoing rebranding.
Following these, Kasikorn has assigned a target price of THB 16.60 per share for BCH.
