BTS Surge in profit in 4Q12 — BTS posted a 4Q12 profit of Bt1.17 bn, up more than 200%YoY. The impressive earning is supported by15.7% YoY growth in ridership to 600K riders/day. Other businesses, advertising and property, also did well. (Khao Hoon, 14/02/13) Comment: We’ve commented on BTS quite a few times already, thus the […]

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AOT – Expects 83mn people to pass through airports this year — AOT expects the number of airport passengers for the six airports under its management to reach 83mn in 2013. This is a 9.2% growth from last year’s 76mn and higher than the 78mn previously estimated. (Khao Hoon, 23/01/13) Comment: Tourism is one massive […]

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