AOT reports a net profit of 19.18 billion baht for fiscal 2024
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Airports of Thailand (AOT) reported a net profit of 19.18 billion baht for fiscal 2024, up 118% from the 8.79 billion baht profit in the identical interval of the earlier yr.
From October 2023 to September 2024, the full quantity of flights reached 732,688, a 14.5% enhance year-over-year. This included 416,187 worldwide flights and 316,501 home flights.
Passenger numbers totaled 119.29 million, up 19.2% in comparison with the earlier yr, comprising 72.67 million worldwide passengers and 46.62 million home passengers.
Revenue from gross sales and providers rose by 18.98 billion baht, or 39.4%, pushed by a 39.2% enhance in aviation-related income (up by 8.73 billion baht) and a 39.6% rise in non-aviation-related income (up by 10.25 billion baht). These positive aspects have been attributed to the upper quantity of flights and passengers. Other earnings elevated by 401.91 million baht, or 131.9%.
Total bills rose by 6.28 billion baht, or 18.3%, primarily as a consequence of increased depreciation and amortization, worker advantages, exterior service charges, restore and upkeep bills, and different operational prices. In distinction, monetary prices declined by 133.65 million baht, or 4.6%.
Income tax bills elevated by 2.67 billion baht, or 119.4%, reflecting the upper profitability throughout the fiscal yr.
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