Airports of Thailand Public Company Limited (AOT) reveals the consolidated budget for 2023 turned in a net profit of 8,790 million baht, a growth of 179.28% from the 2022 period that had a loss of 11,088 million baht, driven by the aviation business that generated revenue of 22,266 million baht, growing over 205%.
Airports of Thailand Public Company Limited (AOT) and its subsidiaries reportConsolidated financial statements for the year 2023 (ends 30 Sept. 2023) YesNet profit 8,790.87 million baht An increase of 179.28%, earnings per share of 0.62 baht per share, compared to the 2022 period of a net loss of -11,087.86 million baht, loss per share of 0.78 baht.
In the consolidated budget for the year 2023, the company has income from sales or services of 48,140.92 million baht, an increase of 31,580.90 million baht or an increase of 190.71% from 2022 with income of 16,560.02 million baht, which is
- Income related to aviation operations 22,265.83 million baht, increased by 14,975.78 million baht or increased 205.43% due to an increase in the number of flights and number of passengers
- Income not related to aviation business 25,875.09 million baht, an increase of 16,605.12 million baht or an increase of 179.13%
- Other income 304.58 million baht, a decrease of 1,027.26 million baht or a decrease of 77.13%
Total expenses increased by 5,422.70 million baht or an increase of 18.81%, mainly due to an increase in employee benefit expenses. outside wages Utilities costs and repair and maintenance costs while losses from derivative instruments, compensation for use of state property and other expenses decreased Including financial costs decreased by 39.31 million baht or a decrease of 1.34%. Income tax expenses increased by 5,122.60 million baht or an increase of 177.40%, consistent with increased operating results. (Read more: Explanation of operating results and Analysis of financial statement)