Asia Network International PCLANI
▲ PositiveCapitalrelevance
Net profit surged 92.4% YoY and 130.6% QoQ, with service revenue up 21.5%.

Asia Network International, or ANI, reported second-quarter net profit of 261.7 million baht, up 92.4% from the same period last year and up 130.6% from the first quarter. Service revenue came in at 2.22 billion baht, a 21.5% increase from a year earlier, driven by air freight charges and demand on key routes, along with higher share of profit from joint ventures and lower finance costs. For the first six months of this year, the company posted total net profit of 375.21 million baht, up from 274.05 million baht a year ago. The company is pressing ahead with network expansion in Japan and Europe to diversify trade lanes and support future growth.
Asia Network International PCLNet profit surged 92.4% YoY and 130.6% QoQ, with service revenue up 21.5%.