BA 3rd quarter turns a profit of 1.9 billion, distributes dividends of 0.50 baht, up XD on 24 Nov.

2023-11-13 10:33:25

Bangkok Airways Public Company Limited or BA Report on operating results for the 3rd quarter of 2023 and the first 9 months of 2023 ending September 30, 2023, there was an increase in net profit as follows.

For BA, it reported 3Q23 operating results with a net profit of 1,910.99 million baht, compared to the same period last year with a net loss of 392.87 million baht, resulting from total income of 5,625.5 million baht, an increase of 42.7% compared to the period. same as last year This was mainly due to an increase in ticket revenue from the airline business, which increased by 39.8%, limiting the number of passengers and increasing the average ticket price.

In addition, there was sales and service income of 1,102.6 million baht, an increase of 66.3% compared to the previous year. Most of the income comes from the company’s income. Bangkok Worldwide Flight Services Co., Ltd.’s ground service was 649.6 million baht, an increase of 80.2% from an increase in the number of flights operated.

There was dividend income of 339.7 million baht and other income of 293.4 million baht, an increase of 65.3% compared to the previous year. from income from expired tickets and excess baggage costs mainly There is also income tax of 1,086.5 million baht, most of which is deferred tax from temporary differences and reversals of temporary differences of 1,131.2 million baht.

There was also a share of profits from investments in associated companies at 157.3 million baht, an increase of 27.8% compared to the previous year. Most of it comes from the company’s share of profits. WFSPG Cargo Co., Ltd. and profit sharing from investments in the Bangkok Airways Airport Leasehold Real Estate Investment Trust of 115.3 million baht and the amount of 51.2 million baht

Meanwhile, the operating results for the first 9 months of 2023 turned in a net profit of 3,455.80 million baht, compared to the same period last year with a net loss of 2,260.36 million baht.

In this regard, the meeting’s resolution approved the payment of cash dividends at 0.50 baht per unit, setting the date for not receiving dividend rights (XD) on 24 Nov. 2023 and the payment date on 12 Dec. 2023.

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