Bangkok Expressway and Metro Public Company Limited (SET: BEM) has reported its 1Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q22 | 1Q21 |
| Net Profit (Loss) Million Baht |
336.16 | 305.34 |
| Earning Per Share (Baht) |
0.02 | 0.02 |
| % Change | 10.2 | |
For the 1st quarter of the year 2022, BEM’s net profit was in the amount of THB 336 Million, representing an increase from the same quarter of the previous year by THB 31 Million or 10.2 percent.
Revenue from main business amounted to THB 3,094 Million representing a decrease from the same quarter of the previous year by THB 17 Million or 0.5 percent. Revenue from Rail business decreased by THB 32 Million and revenue from Commercial Development business decreased by THB 19 Million while Toll revenue increased by THB 34 Million.
Meanwhile, net cash from operating activities was at THB 1,321 Million, representing an increase from the same quarter of the previous year. Net cash from investing activities was at THB 81 Million, resulted from cash receipt from sale of investment in long-term financial assets in the amount of THB 334 Million whereas cash payment for improvement of the Expressway in the amount of THB 155 Million, and payment for improvement of the M&E equipment of the MRT Blue Line Project in the amount of THB 98 Million.
