BAFSNews · 2024-11-15 00:00

News · 2024-11-15 00:00

BAFS reports strong Q3 and 9-month 2024 net profit of 152.7 million THB, up 156%, driven by aviation recovery and pipeline expansion.

BAFS Group announced robust financial performance for Q3 and the first nine months of 2024, with significant growth in net profit and revenue, primarily fueled by its aviation business.

This strong performance is attributed to the recovery of the tourism sector and strategic investments in pipeline infrastructure, positioning BAFS for continued growth in its diverse energy and utility segments.

Fast Facts

·9-month 2024 Net Profit: 152.7 million THB
·9-month 2024 Net Profit Growth: 156% YoY
·9-month 2024 Total Revenue: 2,551.5 million THB
·Q3 2024 Total Revenue: 855.3 million THB
·Q3 2024 Net Profit: 26.4 million THB
·9-month 2024 EBITDA: 1,250.4 million THB (up 12%)