Bangkok Airways Public Company Limited (SET: BA) has announced its 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Year | 2024 | 2023 |
| Net Profit (Loss) Million Baht |
3,787.66 | 3,110.03 |
| Earning Per Share (Baht) |
1.8000 | 1.4800 |
| % Change | 21.79 | |
BA reported a net profit of 3,787.7 million baht in 2024, an increased of 22% from 2023.
In 2024, the Company serviced 4.3 million passengers, rose by 9.2 percent compared to last year. Majority of passenger volumes contributed from the sales channel of Website and Direct Connect that accounted for 48.0 percent, followed by Point-of-Sales from Europe and Asia (excluding Thailand) – both represented 17.0 percent of total passenger volumes equally. The average load factor was 80.3 percent, increasing by 1.1 percentage points when compared to 2023.
The Company reported a profit from operation for 2024 at 5,453.5 million baht, an increase of 2,408.8 million baht or 79.1 percent from last year. The better performance was from a rise of total revenue by 19.8 percent, which mainly contributed from the airline business’s passenger and airport-related revenue growth. While total expenses increased by 10.7 percent during the period. Consequently, the Company had profit before income tax revenue and net profit for the period of 4,516.4 million baht and 3,798.1 million baht, respectively.
In addition, the company announced a dividend payment of THB 0.70 per share to be paid on 24 April 2025. The ex-dividend date is 12 March 2025.
