BAFS
BAFSNews · 2025-02-21 00:00
BAFS reported its first profit in five years for 2024, reaching 102.9 million baht, and announced a total dividend of 0.30 baht per share, with plans to expand into the Asian market in 2025.
BAFS announced a net profit of 102.9 million baht for 2024, marking its first profitable year since the COVID-19 pandemic, driven by strong aviation fuel services and oil pipeline transport volumes. The company also approved a total dividend payment of 0.30 baht per share for the year.
This turnaround highlights the recovery of the aviation and tourism sectors, bolstering BAFS's financial health. The strategic expansion into Asia and significant investment in pipeline infrastructure aim to solidify its regional presence and ensure long-term sustainable growth.
