AoT records massive post-flood gains | Bangkok Post: business

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AoT records massive post-flood gains

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Airports of Thailand Plc (AoT) finished its fiscal year ended Sept 30 by almost tripling its earnings thanks mainly to resumed air traffic growth following the flood crisis. 

The state-controlled airport operator posted a net profit of 6.49 billion baht from October 2011 to September 2012 or 4.54 baht a share, up by 194% from 2.21 billion (1.55 baht a share) the previous year.

Driving profitability was a 6.39% increase in revenue to 30.5 billion baht as air traffic volume at AoT's six airports including Suvarnabhumi resumed their normal growth rates after last year's floods.

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