Airports of Thailand Financial Performance for Q1 increases more than 20%

February 15, 2012 flight2000it

According to the Stock Exchange of Thailand (SET)’s regulation, any listed companies with

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 the 1stQuarter of fiscal year 2012, started from October 1st, 2011 –

December 31th, 2011 Airports of Thailand Public Company Limited and its subsidiaries (AOT) reported total

operating revenues of Baht 6,819 million, an increase of Baht 270 million or 4.12%YoY. Total operating expenses

of Baht 4,274 million, a decrease of Baht 537 million or 11.17% YoY. Operating income of Baht 2,545 million,

an increase of Baht 807 million or 46.45%YoY. After taking into account for total other incomes of Baht 313 million,

total other expenses of Baht 59 million, financial costs of Baht 535 million, net loss on non-control interest of Baht

8 million and income tax expenses of Baht 999 million, AOT had the net profit of Baht 1,257 million, an increase of

Baht 339 million or 36.95%YoY mainly due to:

1. In the 1stQuarter of fiscal year 2012, AOT didn’t have the measures for aiding airlines and

business operators because there measures had been terminated since December 2010 (the 1stQuarter of fiscal

year 2011). However, the operating revenues for this quarter had been directly affected from the flood disasters in

Thailand at the end of October to November 2011 leading to limited increase in the numbers of the aircraft and

passenger for this quarter to be at 7.54% and 0.44%YOY accordingly which is an increase of domestic passenger

whereas the number of international passenger has dropped. The cargo movements had decreased by 3.21%YoY.

As a result, the total operating revenues for the 1stQuarter of fiscal year 2012 had increased for Baht 270 million or

4.12%YoY whereas the total operating expenses had decreased for Baht 573 million or 11.17%YoY leading to a

rise in operating income of Baht 807 million or 46.45%YoY.

2. AOT had loss on foreign exchange of Baht 40 million, a decrease of Baht 212 million or 84.03%

from the same period of previous year which had loss on foreign exchange of Baht 252 million.

According to all of the above, AOT operating performance for the 1stQuarter of fiscal year 2012 had

increased of more than 20% comparing with the sa