Airports of Thailand Public Co. Ltd.


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Nov 20, 2017
Prev close: 58
Nov 20, 2017
Market cap:
Market cap(USD):
Shares: 14,285.70M

Currency in THB

Company profile

Market(Ticker): BKK(AOT)
Other Transportation
Full time employees: --

Business summary

Airports of Thailand Public Co. Ltd. is an airport operator, which engages in the management, and development of international airports, namely Suvarnbhumi, Don Mueang, Chiang Mai, Mae Fa Luang-Chiang Rai, Phuket, and Hat Yai. It operates through Airport Business and Hotel Business segments. The company was founded on December 17, 1903 and is headquartered in Bangkok, Thailand.

Company background

Airports of Thailand, a state-owned airport operator, is 70% controlled by the finance ministry. The company was established in 2002 when the Airports Authority of Thailand was privatized.

It operates six major airports in Thailand. Suvarnabhumi Airport, the new international airport that opened in Bangkok in 2006, just after a coup that toppled the Thaksin Shinawatra government, is run by the company. The airport was seized by anti-government protestors in 2008 and forced to shut down for a week.

Don Mueang International Airport, which opened in 1914, was replaced by Suvarnabhumi, but is now a budget airline hub. Other airports include those at popular tourist destinations such as Phuket and Chiang Mai.

The chairman post at Airports of Thailand is filled by air force officials. Current Chairman Araya Ngampramuan is an Air Chief Marshal. He was named to replace Sita Divari, a squadron leader who was picked by ousted Prime Minister Yingluck Shinawatra, and resigned after the military coup in May 2014. The president's post is currently vacant. Former President Makin Petplai stepped down from his post in September without citing reasons. The company has invited members of the public to apply for the role.

In the news

Financial highlights

Sep 2016

  • Local currency
  • US Dollar
Revenue 50,961.95M
Gross profit 26,986.89M
Operating income 24,512.07M
Income before tax 24,424.49M
Net income 19,571.46M
EBITDA 30,695.47M
Diluted EPS 1.37
Dividends per share 0.68
Total assets 173,130.82M
Total liabilities 51,552.27M
Total equity 121,321.87M
Operating cash flow 28,945.24M

Currency in THB

Revenue 1,439.92M
Gross profit 762.51M
Operating income 692.58M
Income before tax 690.11M
Net income 552.99M
EBITDA 867.30M
Diluted EPS 0.03
Dividends per share 0.01
Total assets 4,996.56M
Total liabilities 1,487.79M
Total equity 3,501.35M
Operating cash flow 817.84M

Currency in USD

Valuation measures

Sep 2016

PER 29.12
ROA 11.73%
ROE 17.02%
Operating margin 48.09%
Profit margin 38.40%

Key executive

  • President & Director: Nitinai Sirismatthakarn
  • Senior Executive VP-Finance & Accounting: Poolsiri Virojanapa
  • EVP-Group Communications & Information Technology: Kittipoj Venunandana
  • SEVP-Human Resources & Administration: Montri Mongkoldaow
  • Senior Executive Vice President-Corporate Strategy: Sasisubha Sukontasap

Share holders

  • Government of Thailand(70.0%)
  • Social Security Office of Thailand(1.2%)
  • The Vanguard Group, Inc.(0.9%)
  • GIC Pte Ltd. (Investment Management)(0.5%)
  • Krungsri Asset Management Co., Ltd.(0.5%)
  • Vontobel Asset Management, Inc.(0.4%)
  • Sands Capital Management LLC(0.2%)
  • Norges Bank Investment Management(0.2%)


  • Website:
  • Address: 333 Cherdwutugard Road, Srikan, Don Mueang, Bangkok, 10210, Thailand
  • Phone: +66.2.535.5900

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