Loading
14-May-2012 11:32 AM

Thai Airways International reports sharp profit increases in 1Q2012

Thai Airways International revenue up 5% - financial highlights for three months ended 31-Mar-2012:

  • Total revenue: THB54,508 million (USD1769 million), +5.1% year-on-year;
    • Passenger and excess baggage: THB44,957 million (USD1459 million), +7.2%;
    • Cargo: THB6723 million (USD218.2 million), -3.4%;
  • Total costs: THB50,637 million (USD1643 million), -0.9%;
    • Fuel: THB20,326 million (USD659.6 million), +16.1%;
    • Labour: THB7094 million (USD230.2 million), -8.3%;
  • Profit before tax: THB3868 million (USD125.5 million), +413%;
  • Net profit: THB3645 million (USD118.3 million), +489%;
  • Passenger numbers: 5.2 million, +4.8%;
  • Load factor: 78.2%, +2.2 ppts;
  • Cargo traffic (FTKs): -6.8%;
  • Cargo load factor: 54.4%, -2.2 ppts;
  • Total assets: THB281,397 million (USD9132 million), +2.5% when compared to period ended 31-Dec-2011;
  • Cash and cash equivalents: THB19,278 million (USD625.6 million), +15.7% when compared to period ended 31-Dec-2011;
  • Total liabilities: THB213,752 million (USD6937 million), +1.3% when compared to period ended 31-Dec-2011. [more - Original PR]

*Based on the average conversion rate at USD1 = THB30.8139 for the period

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More