BTS Group Holdings explained

BTS Group Holdings Public Company Limited
Type:Public
Location City:Bangkok
Location Country:Thailand
Area Served:Bangkok Metropolitan Region
Industry:Transportation, media, property, services
Services:Mass transit; Media; Property; Services
Revenue: 25,823 million baht (FY2021/22)
Net Income: 2,782 million baht (FY2021/22)
Assets: 255,867 million baht (FY2021/22)
Equity: 86,128 million baht (FY2021/22)
Num Employees:4,518 (2018-03-31)
Subsid:BTS Skytrain
Bangkok BRT

BTS Group Holdings Public Company Limited (BTSG), formerly known as Tanayong Public Company Limited, is a public company in Thailand.[1] It is the majority share holder of Bangkok Mass Transit System PCL (BTSC), the operator of the BTS Skytrain and the Bangkok BRT.[2]

Businesses

BTSG does business in several areas: mass transit (through the Bangkok Mass Transit System Public Company Limited), media/advertising (through VGI Global Media), property/real estate (through property developer U City and hotel operator U Hotels & Resorts), and associated service businesses.[3] [4] BTSG has holdings in 57 subsidiaries, jointly controlled companies, or associated firms, it groups its operations into three segments "MOVE", "MIX" and "MATCH".

Monorail Joint venture

A BSR Joint Venture between BTSG, Sino-Thai Engineering and Construction PCL and Ratchaburi Electricity Generating Holding PCL also hold the concession to build and operate the Pink Line and Yellow Line via two subsidiaries, Northern Bangkok Monorail Co., Ltd and Eastern Bangkok Monorail Co., Ltd.[5] [6] [7]

Financials

BTSG's fiscal year runs from 1 April to 31 March. For fiscal year 2021-2022 (1 April 2021 – 31 March 2022), BTS Holdings reported 31,195 million baht in total revenues, total assets of 255,867 million baht, net income of 2,782 million baht, and total equity of 86,128 million baht, and it employed 5,357 persons.[8]

In 2017/8 Its 14-person board of directors was remunerated 29 million baht. Its eight executives were given 92 million baht in monetary compensation, not including stock warrants.

BTSG's four business units—mass transit, media, property, and services—contributed 65 percent, 28 percent, four percent, and three percent to group operating revenues respectively.

Notes and References

  1. Web site: BTS: BTS GROUP HOLDINGS PUBLIC COMPANY LIMITED . Stock Exchange of Thailand (SET) . 28 July 2018.
  2. Book: . 2018 . BTS Group Holdings PCL . Bangkok . 28 July 2018-->.
  3. Web site: Business Overview . BTS Group Holdings Public Company Limited . BTSG . 13 October 2019.
  4. Web site: Subsidiaries and Associated Companies . BTS Group Holdings Public Company Limited . BTSG . 13 October 2019 . 30 September 2019.
  5. Web site: 2016-12-15 . BSR Joint Venture held a press conference regarding the Pink Line Monorail Project : Khae Rai - Min Buri Section and Yellow Line Monorail Project : Lat Phrao - Samrong Section . 2023-06-09 . www.btsgroup.co.th . en.
  6. Web site: MOVE . 2023-06-09 . www.btsgroup.co.th . en.
  7. Web site: 2022-08-02 . Bangkok Land holds a signing ceremony with Northern Bangkok Monorail for "MRT Pink Line Extension to Muang Thong Thani" project with an investment of 4 billion baht. . 2023-06-09 . www.btsgroup.co.th . en.
  8. Web site: BTS Group Annual Report 2021-22 .