RJH eyes new medical fees to boost social security, Q3 target 18.6 baht

Thunhoon··TH·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Ratchathani Hospital Public Company Limited, or RJH, revealed that the number of insured persons under the social security system totals approximately 261,000, exceeding the original target set for the end of 2026 of about 260,000 and achieved ahead of schedule. This comprises roughly 196,000 at Ratchathani Hospital, about 45,000 at Ratchathani Rojana Hospital, and around 20,000 at Nong Khae Hospital. Meanwhile, the company expects third-quarter 2026 operating performance to grow better than the same period last year, driven by a rise in service users, especially surgical cases among insured persons, and the remainder of 2026 entering the high season for the hospital business, which should clearly lift the number of patients seeking examinations and treatment. RJH maintains its 2026 revenue growth target of about 10 percent from 2025, after recording total revenue of 1.527 billion baht in the first half of 2026 and announcing an interim dividend of 0.45 baht per share, with the ex-dividend date set for 26 August 2026 and payment on 10 September 2026. Analysts at DBS Vickers Securities Thailand Company Limited maintain a buy recommendation on RJH with a target price of 18.60 baht, expecting third-quarter 2026 profit to grow from the same period last year, reflecting a notable increase in social security patients.

Impact on assets 1

Health Care▲ · 1 stocks

Off-coverage companies 3

Rajthanee Hospital RojanaPrivate▲ Positive
Demandrelevance

Ratchathani Rojana Hospital has about 45,000 insured persons, contributing to overall growth.

Nong Khae HospitalPrivate▲ Positive
Demandrelevance

Nong Khae Hospital has about 20,000 insured persons, part of the exceeded target.

DBS Vickers Securities (Thailand) Co., Ltd.Private± Mixed
relevance