Airports of Thailand Public Company Limited (AOT) has reported its 2Q19 consolidated financial statement, ending March 31, 2019, through the Stock Exchange of Thailand as follows:
Net profit for the three-month period ended March 31st, 2019 was THB 7,646.50 million. It increased by THB 376.75 million or 5.18% comparing to the same period last year. Revenue from sales or services increased by THB 804.66 million or 4.93% as a result of an increase in aeronautical revenue of THB 426.62 million or 4.59% and non-aeronautical revenue of THB 378.04 million or 5.39% because of increasing in number of flights and passengers.
Other income increased by THB 53.64 million or 14.36%. Total expenses increased by THB 343.21 million or 4.52%. The main reason was an increase in employee benefit expenses. Income tax expense increased by THB 139.52 million or 7.74% which was in line with an increase in profit.