Yuanta Securities stated that CKP's normalized profit in the third quarter of 2026 is likely to surge to 800 to 900 million baht, marking the year's peak, supported by the high season for its Lao hydropower projects and the expectation of no maintenance shutdown at the BIC gas-fired power plant as occurred in the previous second quarter. Meanwhile, normalized profit in the second quarter of 2026 came in at 210 million baht, growing 81 percent quarter-on-quarter but declining 41 percent year-on-year, roughly in line with market expectations. The analyst maintained a year-end 2026 target price of 2.90 baht per share and kept a trading recommendation, viewing the potential intensification of the super El Niño phenomenon later in the year as a medium- to long-term headwind for the share price.
CK Power Public Company LimitedHigh season for Lao hydropower and no maintenance shutdown at BIC plant boost 3Q26 profit to peak.
