Bangkok Expressway and Metro Public Company Limited (SET: BEM) has announced its consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 3Q22 | 3Q21 |
| Net Profit (Loss) Million Baht |
862.79 | 108.38 |
| Earning Per Share (Baht) |
0.0600 | 0.0100 |
| % Change | 696.06 | |
| 9 Months | 2022 | 2021 |
| Net Profit (Loss) Million Baht |
1,833.00 | 614.18 |
| Earning Per Share (Baht) | 0.1200 | 0.0400 |
| % Change | 198.44 | |
BEM reported a net profit of Baht 862 million in 3Q22, increased 696% from a net profit of Baht 108 million in 3Q21.
Revenue from main business amounted to Baht 3,739 million representing an increase from the same quarter of the previous year by Baht 1,585 million or 73.6 percent. Toll revenue increased by Baht 868 million. Revenue from Rail business increased by Baht 651 million and revenue from Commercial Development business increased by Baht 66 million.
For the 3rd quarter of the previous year, the average traffic volume was at 669,362 trips per day and for the 3rd quarter of this year, the average traffic volume was at 1,069,102 trips per day representing an increase from the previous year by 59.7 percent.
Cost of service amounted to Baht 2,094 million and Administrative expenses amounted to Baht 279 million, representing an increase from the same quarter of the previous year by Baht 557 million or 36.2 percent and by Baht 15 million or 5.7 percent, according to the incremental revenues.
