BTS’s 3Q18/19 Profit Soars 34% to ฿1.19bln. from Operation and High Interest Income

BTS Group Holdings Public Company Limited (BTS) has reported its 3Q18/19 consolidated financial statement through the Stock Exchange of Thailand as follows:

In the financial statement of quarter 3 ending December 31, 2018, BTS’s profit increased by 33.8% YoY or THB 300 million to THB 1,189 million, predominantly from an increase in operating gross profit, higher interest income as well as an increase in share of net profit from associates/JVs.

The company reported that the total operating revenue in 3Q 2018/19 reached THB 19,035 million, a significant increase of 290.5% YoY or THB 14,160 million.

Revenues from the Mass Transit, Media, Property and Services businesses accounted for 90%, 8%, 0% and 2% of total operating revenue, respectively. The sharp rise in operating revenue was largely as a result of higher Mass Transit, Media and Services operating revenues, which increased by 370.1%, 49.5% and 345.4% YoY, respectively.

As of December 31, 2018, BTS’s total assets stood at THB 136,499 million, an increase of THB 30,241 million or 28.5% from March 31, 2018. Meanwhile, total liabilities increased by 38.5% or THB 23,048 million to stand at THB 82,943 million, and total equity as of March 31 was THB 7,193 million or 15.5% YoY to THB 53,557 million.