Airports of Thailand reports sharp profit growth in 3QFY2012

Airports of Thailand revenue up 12% - financial highlights for three months ended 30-Jun-2012:

• Total revenue: THB7999 million (USD261.9 million), +12.1% year-on-year;
  • Landing and parking charges: THB1128 million (USD37.0 million), +3.9%;
  • Passenger service charges: THB3289 million (USD107.7 million), +12.4%;
  • Concession revenues: THB1794 million (USD58.8 million), +16.6%;
• Profit before tax: THB1347 million (USD44.1 million), +416%;
• Net profit: THB702.2 million (USD23.0 million), +224%;
• Total assets: THB149,402 million (USD4893 million), -0.8% when compared to period ended 30-Sep-2011;
• Cash and cash equivalents: THB4697 million (USD153.8 million), -9.3% when compared to period ended 30-Sep-2011;
• Total liabilities: THB73,229 million (USD2398 million), -6.5% when compared to period ended 30-Sep-2011.

*Based on the average conversion rate at USD1 = THB30.5351 for the period