Airports of Thailand Public Company Limited (SET: AOT) has announced its 2Q24 consolidated financial statement ended 31 March 2024 through the Stock Exchange of Thailand as follows;
Quarter | 2Q24 | 2Q23 |
Net Profit (Loss) Million Baht |
5,784.59 | 1,860.53 |
Earning Per Share (Baht) |
0.4000 | 0.1300 |
% Change | 210.91 |
AOT reported a net profit of BAht 5,784 million in 2Q24, increased 210% from a net profit of Baht 1,860 million in 2Q23.
Revenue from sales or services increased by Baht 7,233 million or 65.75% as a result of an increase in aeronautical revenue of Baht 2,808 million or 50.58% and non-aeronautical revenue of Baht 4,425 million or 81.22% because of the rise in the total number of flights and passengers.
Concession revenue rose 125% to Baht 6,388 million in the second quarter.
Meanwhile, total expenses increased by Baht 2,207 million or 27.57% mainly due to higher employee benefit expenses, depreciation and amortization expenses, outsourcing expenses and repairs and maintenance.