News
Airports of Thailand narrows quarterly loss
May 13th 2022
Airport of Thailand Public Company Limited (AOT) said the recovery of the aviation industry would be challenging in the period ahead after it reported a net loss of 3.3 billion baht (US$94.4 million) for the three months to March 31 compared with a 3.6 billion baht net loss in the year-ago period. Read More » “Thailand's tourism industry will enter the low season at the end of this quarter and with the supply chain being impacted by the crisis in the last two years recovery of the aviation industry will be challenging,” AOT said in a regulatory filing to the Stock Exchange of Thailand. Revenue for the airport group climbed 73%, to 3.5 billion baht. Costs rose 14.1%, to 6.7 billion baht.
