Bangkok Dusit Medical Services (BDMS) Q4 2025 earnings summary

Executive summary

• Operates a large hospital network in Thailand and overseas, with diversified healthcare and supporting businesses.

• Financial statements prepared under Thai Financial Reporting Standards, aligned with IFRS.

• No significant impact from new or revised accounting standards adopted in 2025.

Financial highlights

• Total revenue for 2025: THB 113,272 million, up from THB 109,413 million in 2024.

• Net profit for 2025: THB 15,848 million (EPS: THB 1.00), compared to THB 15,987 million (EPS: THB 1.01) in 2024.

• Dividend paid in 2025: THB 11,918 million (THB 0.75/share), up from THB 11,122 million (THB 0.70/share) in 2024.

• Cash and cash equivalents at year-end 2025: THB 6,342 million, down from THB 7,373 million in 2024.

Outlook and guidance

• Board proposes a final dividend of THB 1/share for 2025, totaling THB 15,892 million, with THB 0.65/share to be paid after interim dividend.

• Management expects no significant impact from new accounting standards effective in 2026.