Global Airport News

Global Airport News

Airports of Thailand reported a 42 percent fall in second-quarter net profit on Friday, due mainly to weaker operating profit and the absence of any exceptional gain this time.

Majority state-owned AOT, which runs six airports, said in a statement, it made a net profit of 1.83 billion baht ($53.2 million), or 1.28 baht per share, in the January-March quarter, versus 3.16 billion baht a year earlier, when it booked a one-off gain from compensation from a court case.