BDMS Delivers Stable Growth in 3Q25 from Lower Expense and BOI Tax Incentives

Bangkok Dusit Medical Services Public Company Limited (SET: BDMS) has announced 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:

Quarter 3Q25 3Q24
Net Profit (Loss)
Million Baht
4,319.07 4,246.04
Earning Per Share
(Baht)
0.2700 0.2700
% Change 1.72
9 Months 2025 2024
Net Profit (Loss)
Million Baht
12,155.43 11,654.41
Earning Per Share (Baht) 0.76 0.73
% Change 4.30

 

BDMS reported a net profit in 3Q25 of THB 4,319.07 million, an increase of THB 73.03 million or 1.72% compared to the previous year. The improvement was mainly due to continued cost control measures, lower finance expenses from effective financial management and tax privileges from various investment promotion measures.

In 3Q25, total operating income was Baht 28,598 million, remaining stable compared to 3Q24. Revenues from hospital operations were THB 27,356 million, an increase of THB 270 million or 1% YoY mainly from growth of Thai patients and international patient revenue of 1% YoY.

In 3Q25, the Company and its subsidiaries reported total operating expenses & depreciation of THB 23,164 million, an increase of THB 217 million or slightly increased by 1% YoY. This growth rate was in line with the growth in total operating income during the same period.

Finance expenses decreased to THB 79 million in 3Q25 or decreased by 23% YoY from debentures redemption in 2Q25 and declining interest rate.

Corporate income tax was THB 973 million, a decrease of 16% YoY as the company has received tax incentives from the Board of Investment (BOI) for the Digital Core Transformation Project aimed at enhancing efficiency, as well as energy-saving initiatives and other investment promotion measures.