23-Mar-2010 12:04 PM

Airports of Thailand forecasts higher net profit in 2Q2010

Airports of Thailand forecasts a higher net profit in 2Q2010 than the USD24.7 million made in the 1Q2009 (three months ending 31-Dec-2009) (Reuters, 23-Mar-2010). The company expects passenger growth of 20% in 2Q2010 and 10% growth for 2010, to 55 million passengers. The company is reportedly also reviewing a plan to invest in a midfield concourse worth USD1.9 billion.