Bangkok Expressway And Metro Public Company LimitedSET: BEM

Analyst Meeting Quarter 2/2025

· Issued by Bangkok Expressway And Metro Public Company Limited


BANGKOK EXPRESSWAY AND METRO PLC Analyst Meeting Q2/2025

14 Aug 2025







AGENDA








Average Traffic & Ridership Financial Highlights Company Updates



Q & A




AVERAGE DAILY TRAFFIC VOLUME

(Thousand Trips/Day)

1,300

2025

2022

2024

2021

Q2/2025 Average Traffic Volume

1.08 Million Trips/Day (-1.5% YoY)



1,200

1,100

2023

1,000

900



800

700

600

500



JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

AVERAGE



%YoY



2025

1,103.2

1,125.3

1,103.8

1,067.5

1,086.8

1,095.6

1,097.3

-1.4%



2024

1,111.6

1,131.8

1,131.1

1,090.3

1,100.2

1,110.8

1,111.2

1,130.1

1,111.5

1,106.5

1,138.2

1,118.0

1,116.2

-0.1%



2023

1,104.7

1,129.6

1,152.5

1,088.9

1,095.0

1,114.2

1,101.6

1,125.3

1,112.5

1,105.6

1,139.1

1,133.1

1,117.0

7.4%



2022

937.0

981.3

968.7

976.3

1,039.6

1,062.5

1,036.0

1,078.8

1,090.7

1,078.0

1,097.9

1,128.5

1,039.9

22.4%



2021

799.5

1,001.3

1,115.5

837.8

668.0

807.8

628.0

593.9

783.9

898.5

1,000.6

1,054.7

849.7

-19.1%

%YoY 25/24

-0.8%

-0.6%

-2.4%

-2.1%

-1.2%

-1.4%





AVERAGE DAILY TOLL REVENUE

(Million Baht/Day)

30

28

2025

2022

2024

2021

Q2/2025 Average Toll Revenue

24.8 Million Baht/Day (-1.5% YoY)



2023

26

24

22

20



18

16

14

12

10



JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

AVERAGE



%YoY



2025

25.2

25.7

25.4

24.3

24.9

25.1

25.1

-1.3%



2024

25.4

25.9

25.9

24.8

25.1

25.4

25.4

26.0

25.6

25.4

26.2

25.5

25.6

0.2%



2023

25.2

25.8

26.3

24.8

24.9

25.5

25.2

25.7

25.4

25.3

26.1

25.9

25.5

8.6%



2022

21.1

22.1

21.7

21.8

23.4

24.0

23.3

24.5

24.8

24.4

25.0

25.8

23.5

26.8%



2021

17.3

21.9

24.5

18.3

14.5

17.5

13.5

12.8

17.0

19.6

21.9

23.5

18.5

-20.3%

%YoY 25/24

-0.9%

-0.7%

-1.9%

-2.0%

-1.0%

-1.3%





AVERAGE DAILY RIDERSHIP VOLUME

(Thousand Trips/Day)

500

2025

2024

2023

2022

2021

Q2/2025 Average Ridership Volume

386 Thousand Trips/Day (-1.9% YoY)



450

400

350

300



250

200

150

100

50



JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

AVERAGE



%YoY



2025

481.5*

461.2

411.1

373.9

378.1

405.8

418.2

1.5%



2024

422.9

448.5

422.4

380.4

387.4

411.9

424.9

450.4

437.8

444.4

462.7

429.7

426.9

9.4%



2023

374.0

395.3

376.2

329.0

345.0

381.1

390.8

420.4

420.9

414.8

432.0

404.2

390.3

44.2%



2022

174.6

199.4

190.5

179.3

229.7

283.3

274.6

320.2

344.2

341.8

354.4

351.1

270.6

84.5%



2021

151.2

217.6

272.6

146.9

90.3

120.9

77.2

62.4

100.1

135.9

186.8

203.7

146.7

-43.7%

%YoY 25/24

13.9%

2.8%

-2.7%

-1.7%

-2.4%

-1.5%

* Average ridership in January 2025 included ridership during the 7-day free public transport measure period (25 - 31 January 2025)



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