BA in the third quarter made a profit of 1.9 billion, paying a dividend of 0.50 baht, up XD on November 24.

Bangkok Airways General Company Limited or Bachelor’s Operating results report for the third quarter of 2023 and the first nine months of 2023 ended September 30, 2023, saw net profit rise as follows.

As for British Airways, it announced its operating results for the third quarter of 2023 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 a total income of 5,625.5 million baht, an increase of 42.7% compared to the same period. From last year. The same period last year was mainly due to an increase in ticket revenue from airline business, which rose by 39.8%, which led to a reduction in the number of passengers and an increase in the average ticket price.

In addition, sales and service income reached 1,102.6 million baht, an increase of 66.3% compared to the previous year. Most of the income comes from company income. The value of Bangkok International Aviation Services Limited’s ground service amounted to 649.6 million baht, an increase of 80.2% from the increase in the number of flights operated.

Dividend income amounted to 339.7 million baht and other income amounted to 293.4 million baht, an increase of 65.3% compared to the previous year. Mainly from income from expired tickets and excess baggage costs, there is also income tax income of 1,086.5 million baht, mostly deferred taxes from temporary differences and reversal of temporary differences of 1,131.2 million baht.

The share of profits from investments in associated companies amounted to 157.3 million pounds, 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. Profit sharing from investments in the Bangkok Airways Airport Lease Real Estate Investment Fund amounting to 115.3 million baht and 51.2 million baht.

Meanwhile, the operating results for the first nine months of 2023 achieved 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.

The assembly’s resolution approved the distribution of cash dividends at 0.50 baht per unit, setting the non-receipt of dividend rights (XD) on November 24, 2023 and the payment date on December 12, 2023.