AOT Maintains Strong Aeronautical Revenue with THB18 Billion of Net Profit in FY2025

Airports of Thailand Public Company Limited (SET: AOT) has announced its FY2025 consolidated financial statement ending September 30, 2025, through the Stock Exchange of Thailand as follows:

For the year ended September 30th, 2025, AOT generated net profit of Baht 18,125.20 million decreased by Baht 1,057.19 million or 5.51% compared to that of the corresponding period of the previous year. Revenues from sales or services decreased by Baht 441.92 million or 0.66% as a result of a decrease in non-aeronautical revenue of Baht 2,488.75 million or 6.89%, while aeronautical revenue increased by Baht 2,046.83 million or 6.60%. 

For the year ended September 30th, 2025, aeronautical revenue of Baht 33,047.30 million increased by Baht 2,046.83 million or 6.60% compared to that of the corresponding period of the previous year because departure passenger service charges increased by Baht 1,703.55 million or 6.92% due to a 5.61% increase in the total number of passengers in the six airports. Moreover, landing and parking charges increased by Baht 277.28 million or 4.93% because of a 7.56% increase in the total number of flights.

For the year ended September 30th, 2025, non-aeronautical revenue of Baht 33,632.08 million decreased by Baht 2,488.75 million or 6.89% compared to that of the corresponding period of the previous year due to a decrease in concession revenues of Baht 1 ,768.80 million or 7.65% mainly due to a decrease in duty-free concession revenues. Moreover, office and state property rents decreased by Baht 518.91 million or 16.73% mainly due to the adjustment of land and building tax collected from the concessionaires in the previous year.

Other income increased by Baht 1,200.51 million or 169.93%. Total expenses increased by Baht 2,202.43 million or 5.43% mainly due to an increase in repairs and maintenance expenses, depreciation and amortization expenses, other expenses and employee benefit expenses, while finance costs decreased by Baht 241.46 million or 8.76%. Income tax expenses decreased by Baht 116.06 million or 2.37%. 

AOT operates six airports in Thailand, namely Suvarnabhumi Airport, Don Mueang International Airport, Chiang Mai International Airport, Hat Yai International Airport, Phuket International Airport and Mae Fah Luang Chiang Rai International Airport. The airports served a total number of 141 scheduled airlines, comprising 131 mixed passenger/cargo airlines and 20 pure cargo airlines. 

The air traffic volume of AOT from October 2024 to September 2025 totaling 788,095 flights increased by 7.56% compared to that of the corresponding period of the previous year, comprising 444,944 international flights and 343,151 domestic flights. The total number of passengers was 125.99 million passengers which increased by 5.61% compared to that of the corresponding period of the previous year, comprising 76.64 million international passengers and 49.35 million domestic passengers. Despite facing uncertainties from the global economy, intense competition in the Asia-Pacific region, and a negative image of Thailand’s tourism, Thailand has received positive factors from Thai tourism, business travel, and the hosting of many international events in the country.