UOB Kay Hian expects robust 3Q earnings from Bumrungrad Hospital
UOB Kay Hian analysts expect robust Bumrungrad Hospital 3Q earnings, with revenue above guidance and a raised target price of 240 baht per share.
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what happened
UOB Kay Hian analysts expect Bumrungrad Hospital's third-quarter earnings to be robust, according to a research report cited by Market Talk. Inflows of Middle Eastern patients to the Thai hospital have grown strongly during the peak season, the analysts said. Their revenue estimate is above management's guidance of around 3% annual growth. The hospital is likely to keep tight cost control, which should support strong margins through lower selling, general and administrative expenses.
The brokerage raised its target price to 240 baht from 236 baht to reflect a valuation roll-over and kept its buy rating. Shares were up 1.05% at 192.50 baht at the time of reporting.
why it matters
For investors, the report points to solid patient demand in Thailand's private hospital sector, with cost discipline helping margins. The note is a single brokerage view, so it reflects one analyst's estimates rather than company guidance.
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sources
- Bumrungrad Hospital's 3Q Earnings Likely to Be Robust — Market Talk, 21 October 2026 at 04:40 UTC
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