AOT plans AOTGA contract as InnovestX keeps AOT stock Outperform

Published on 10/07/2026 at 02:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AOT revenue hit THB 14.91 billion in June 2026, 1.15 percent above forecast. AOT stock was THB 58.50 on October 6, down 2.09 percent from THB 59.75.

AOT, TH0765010Z16, Illustration mit AI erstellt.

AOT plans to sign an AOTGA contract on October 8, 2026, while InnovestX keeps AOT stock at Outperform. Thairath reported the contract date on October 6, 2026, and Kaohoon International reported the brokerage rating on September 24, 2026.

Third ground provider gets a date

AOT Chief Executive Officer Pawina Jariyathitipong said the company will add AOT Ground Services as a third ground-handling provider at Suvarnabhumi Airport. The arrangement is designed to spread workloads from two existing providers that are near full capacity and accommodate up to 60 million passengers annually, Thairath reported on October 6, 2026.

The contract is expected to include performance measures, penalties and possible cancellation provisions. AOTGA is expected to prepare equipment after signing and begin operations by early 2027, making execution and service quality the immediate operating test.

June revenue beats forecast

For the quarter ended June 2026, AOT reported revenue of THB 14.91 billion against a THB 14.74 billion forecast. Earnings per share reached THB 0.31 versus a THB 0.24 forecast, 29.76 percent above expectations, according to Investing.com on September 27, 2026.

InnovestX expects total passenger volume across AOT's six airports to grow 1-2 percent year over year in fiscal 2026. The brokerage also sees normal profit rising 57 percent year over year in fiscal 2027 and retained a THB 72 target, Kaohoon International reported on September 24, 2026.

SET quote and euro reference

The primary SET quote was last at THB 58.50 on October 6, 2026 at 4:37 p.m. ICT, down 2.09 percent from THB 59.75. The stock's THB 39.00 to THB 67.25 52-week range and THB 835.7 billion market capitalization frame the valuation context.

The Lang & Schwarz prior close was EUR 1.55 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of AOT stock.