BTS: Green Line Ridership Hits 820,000 Per Day

Earnings
โดย thunhoon.com·TH·Read original
Summary · why it matters

BTS Group Holdings (BTS) has revealed that ridership on the Green Line electric rail has continued to recover, reaching over 820,000 passenger trips per day on weekdays and approximately 900,000 per day on Fridays. Meanwhile, the Pink and Yellow Lines have achieved operating revenues that cover their expenses, strengthening cash flow. The company also benefits from government measures accelerating the U-Tapao airport and Eastern Aviation City projects, allowing double deduction of capital and operating expenditures in corporate income tax calculations, along with other incentives such as EEC Visa and reduced air transport business taxes. U-Tapao International Aviation (UTA), a joint venture company, is currently revising the Aviation City layout and developing infrastructure, with mixed-use projects to be developed gradually starting in the first half of 2027, while maintaining the target for commercial operations in 2031. Although the main Green Line concession ends in 2029, BTS has ongoing operation and maintenance contracts through 2042, while the Pink and Yellow Lines have approximately 30 years of concession remaining, ensuring long-term revenue and steady cash flow.

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U-Tapao International Aviation Co., Ltd.Private▲ Positive
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UTA is revising the Aviation City layout and developing infrastructure, with mixed-use projects starting H1 2027 and commercial operations targeted for 2031.

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