AOT’s growth since 2009 has been staggering with total passenger numbers in September up 21% YoY. The most interesting fact of all is that Chinese tourists are now 20% of the total tourist number and this is only @ 5 mn travellers, can you just imagine the scope for growth from that nation?
Read More →AOT 20% growth in September passengers — AOT announced that passengers in Sept grew by 20.43%, with number of passengers in Suvarnabhumi airport exceeding 50mn. (Tun Hoon, 07/10/13) Comment: Thailand is still attracting tourists at a fast growing pace BMCL BMCL board okays recapitalization plan – The board of Bangkok Metro Plc (BMCL) has approved […]
Read More →ABPIF Amata B.Grimm sets IPO price – Amata B.Grimm Power Ltd, majority owned by the local trading conglomerate B.Grimm, has priced its Bt600mn IPO trust units of its infrastructure fund at an indicative range of 10.50 to 11 baht. The IPO is expected to generate up to Bt6.5bn to finance the company’s business expansion. The […]
Read More →AOT Strong July traffic growth — AOT reported strong traffic in July 2013, with passenger and aircraft movement growth of 16% YoY. This is the tenth month in a row that it has reported double-digit growth. (Company press release) Comment: This is really only one of the few strongly growing large cap co’s in Thailand […]
Read More →ANAN – Ananda plans Bt20bn projects in second half – Ananda Development, confident of the continuing strength of residential demand, plans to launch condominium projects worth more than Bt2bn over the remainder of the year. (The Nation, 18/07/13) AOT cutting par value — AOT is to reduce par value from Bt10.00 to Bt1.00 after prices […]
Read More →AOT: Expects good earnings. Airports of Thailand (AOT) expects arrivals to grow 19% this year to 85m. The company also expects 2H13 earnings to show strong yoy growth on the back of the absence of forex loss. This is because the company has swapped its yen loan to baht (worth Bt10b). (Source: Khao Hoon) Comment: […]
Read More →AOT AOT gets screening fee nod — AOT can charge air passengers for advance passenger processing, under a Civil Aviation Board decision yesterday. AOT is expected to introduce the system this year and the board has capped the charge at Bt50/passenger. AOT will install an advance passenger processing system (APPS) that will speed up immigration […]
Read More →AOT AOT to press govt. for Don Muang upgrade — The AOT board is to ask the cabinet to make Don Muang a fully functional airport. Don Muang airport currently serves low-cost carriers with point-to-point international and domestic services. AOT board chairman Sita Divari said yesterday the board had approved a proposal to upgrade Don […]
Read More →AOT AOT expecting record number of arrivals — AOT estimates the number of passengers passing through Suvarnabhumi this year to reach 50mn, after reaching a record of 170K per day from 150K over the Chinese New Year. It aims to address the airport congestion problem before the completion of Phase 2. (Khao Hoon, 26/02/13) BAY […]
Read More →AOT Earnings soar 173% YoY in 1QFY13 —AOT posted 1Q FY13 earnings of Bt3.4 bn, growing 173%YoY. Revenue was Bt8.6 bn. AOT is benefiting from the reopening of Don Mueng airport. It also recovered a FX gain of Bt1.3bn. (Khao Hoon, 15/02/13) LPN DPS of Bt0.53 — The LPN board approved a dividend of Bt0.53/share on its […]
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