AOT reports a net profit of 19.18 billion baht for fiscal 2024

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 12 months.

From October 2023 to September 2024, the overall 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 12 months, comprising 72.67 million worldwide passengers and 46.62 million home passengers.

Revenue from gross sales and companies 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 features have been attributed to the upper quantity of flights and passengers. Other revenue elevated by 401.91 million baht, or 131.9%.

Total bills rose by 6.28 billion baht, or 18.3%, primarily attributable to greater 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 12 months.