01-Dec-2009 4:20 PM
Airports of Thailand rides out eventful year with a net profit – Airports Share Wrap
Analysis
Airports of Thailand (AoT) reported a full year net profit of THB717.3 million, a 90% year-on-year decline, on the back of a 19.6% decline in revenue. The airports operator controls both of Bangkok's airports, as well as Chiang Mai, Hat Yai, Phuket and Chiang Rai, which combined account for approximately 90% of traffic in Thailand. AoT's shares gained 1.4% yesterday.
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