Airports of Thailand（AOT.TB）Q324： Decent set of in~line results

ab 14 August 2024 Global Research and Evidence Lab First Read Airports of Thailand Q324: Decent set of in-line results How did the results compare vs expectations? AOT reported its Q324 pre-ex net profit of Bt4.6bn, +42% YoY but -21% QoQ. The result was in line with consensus estimates but was 7% above our estimates. 9M24 made up 81%/73% of ours and consensus full year estimates. A positive surprise to our estimate was a decline in employee and outsourcing expense QoQ. What were the most noteworthy areas in ...