Tremendous Amount of Passengers Support AOT’s Profit to Record at ฿7.6bn!
AOT recorded a net profit for its 2Q19 financial statement ended March 31 at THB 7,646.50 million from an increase in aeronautical revenue and an increasing number of passengers.
Airports of Thailand Public Company Limited (AOT) has reported its 2Q19 consolidated financial statement, ending March 31, 2019, through the Stock Exchange of Thailand as follows:
Net profit for the three-month period ended March 31st, 2019 was THB 7,646.50 million. It increased by THB 376.75 million or 5.18% comparing to the same period last year. Revenue from sales or services increased by THB 804.66 million or 4.93% as a result of an increase in aeronautical revenue of THB 426.62 million or 4.59% and non-aeronautical revenue of THB 378.04 million or 5.39% because of increasing in number of flights and passengers.
Other income increased by THB 53.64 million or 14.36%. Total expenses increased by THB 343.21 million or 4.52%. The main reason was an increase in employee benefit expenses. Income tax expense increased by THB 139.52 million or 7.74% which was in line with an increase in profit.
