Airports of Thailand profits more than double in 1QFY2013

Airports of Thailand revenue up 45% - financial highlights for three months ended 31-Dec-2012:

• Total revenue: THB10,296 million (USD335.6 million), +45.2% year-on-year;
  • Aeronautical: THB5086 million (USD165.8 million), +24.8%;
    • Landing and parking charges: THB1090 million (USD35.5 million), -9.8%;
    • Passenger service charges: THB3863 million (USD125.9 million), +40.6%;
  • Non-aeronautical: THB3519 million (USD114.7 million), +28.2%;
    • Concession: THB2164 million (USD70.5 million), +39.5%;
• Profit before tax: THB4719 million (USD153.8 million), +108.4%;
• Net profit: THB3433 million (USD111.9 million), +173%;
• Total assets: THB145,775 million (USD4752 million), -2.8% when compared to period ended 30-Sep-2012;
• Cash and cash equivalents: THB5762 million (USD187.8 million), -57.7% when compared to period ended 30-Sep-2012;
• Total liabilities: THB64,467 million (USD2101 million), -10.7% when compared to period ended 30-Sep-2012. [more - original PR]

*Based on the average conversion rate at USD1 = THB30.6795