Page 104 - ANNUAL REPORT DESIGN

Farebox Revenue O&M Revenue Net Profit (Loss) from BTSGIF
Gross profit margin (%) Operating EBITDA margin (%)
2014/15 2013/14 Change (%)
2,273.5 1,458.2 1,473.0
64.1% 64.8%
57.9% 56.4%
3.7.1 BUSINESS AND INDUSTRY OVERVIEW: MASS TRANSIT
REVENUE (THB mn) 2014/15 : 2,273.5 2013/14 : 2,077.3
32.0% OF GROUP OPERATING
REVENUE
“Despite the lackluster performance of the Thai economy, our Mass Transit business continues to demonstrate its quality of resilience, achieving operating revenue growth of 9.4 %, core ridership growth of 1.9% and an average fare increase of 1.6%. We believe the opportunity set within our Core transit business is higher now than at a”ny time in the past.
Surapong Laoha-Unya
Executive Director
KEY DEVELOPMENTS IN 2015/16
Core Network ridership increased 1.9% YoY to 218.7mn trips.
Average fare increased 1.6% YoY to THB 26.9 per trip. Train operating revenue increased 23.2% YoY to
THB 1,549.3mn.
Share of net profit from BTSGIF rose 18.2% YoY to THB 724.2mn.
KEY PERFORMANCE HIGHLIGHTS - MASS TRANSIT
Mass Transit Revenue
(% of Group Operating Revenue)
2015/16 2014/15
42.0% 32.0%
Mass Transit Revenue by Segment
2015/16 2014/15
10.0%
68.1% 10.0%
31.9% 29.5%
Operating revenue (THB mn) Gross operating profit (THB mn) Operating EBITDA (THB mn)
2,077.3 1,203.8 1,172.2
9.4% 21.1% 25.7%
BTS Group Holdings PCL 036
Annual Report 2015/16