Airports of Thailand: Financial Performance for Q2 increases more than 20%
a deviation on operating performance on yearly basis more than 20% will have to provide detailed explanation
for such deviation.
The results of operation for 2ndQuarter of fiscal year 2012 (January 1st, 2012 – March 31st, 2012)
comparing to the 2ndQuarter of fiscal year 2011, AOT reported revenues from sales or services of Baht 8,153.31 million,
an increase of Baht 328.93 million or 4.20%. Total other incomes were Baht 1,721.34 million, an increase
of Baht 1,373.09 million or 394.27%. Total expenses were Baht 5,368.10 million, a decrease of Baht 300.69 million
or 5.30%. Profit before income tax expenses were Baht 4,506.56 million. After deducting non – controlling
interests of Baht 4.85 million and income tax expenses of Baht 1,505.34 million into account, AOT had the net
profit for this period of Baht 2,996.37 million, an increase of Baht 1,208.31 million or 67.58% mainly due to:
1. Gain on foreign exchange were Baht 1,016.28 million, an increase of Baht 857.47 million
mainly due to the depreciation of the Yen leading to a gain on foreign exchange rate adjustments at the end of
the accounting period together with a loss on foreign exchange from the cross currency swap contracts.
AOT had a gain on foreign exchange of Baht 1,016.28 million comparing to the same period of last year with
a gain on foreign exchange of Baht 158.81 million.
2. Depreciation and amortization were Baht 1,119.69 million, a decrease of Baht 793.89 million
or 41.49% due to the fact that some assets of Suvarnabhumi Airport had been depreciated over their useful life.
According to all of the above, AOT operating performance for the 2ndQuarter of fiscal year 2012
had increased of more than 20% comparing with the same period of previous year.
Source: Airports of Thailand
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