AIRPORTS
AoT records massive post-flood gains
- Published: 1 Dec 2012 at 00.00
- Newspaper section: Business
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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