BTS : Annual Report 2022/23

BTS GROUP HOLDINGS PCL

ANNUAL REPORT 2022/23

(FORM 56-1 ONE REPORT)

THE WORLD'S MOST SUSTAINABLE TRANSPORTATION COMPANY

BTS GROUP HOLDINGS PCL

ANNUAL REPORT 2022/23

03

Top 1% S&P Global ESG Score	CDP Climate Change	Climate Leaders Asia-Pacific 2023
	Assessment "A-" score
BTS Group and VGI have been included in the S&P	Awarded "A-" score in BTS Group's second year of	Two-year inclusion in the Financial Times Inaugural
Global Sustainability Yearbook 2023 and are the sole	submission to the CDP assessment. We were amongst	Edition of the Climate Leaders Asia-Pacific 2023.
company in the "Top 1% S&P Global ESG Score 2022"	8 Thai companies with A or A- ratings from a total of	BTS Group is 1 of 7 Thai companies and the only
distinction in the TRA and PUB sector respectively.	60 submitted Thai companies.	Thai transportation company awarded out of 275
In FY 2022/23, only 67 companies worldwide were		leaders in Asia Pacific.
designated "Top 1% S&P Global ESG Score" in the
Sustainability Yearbook 2023.

A Constituent of FTSE4Good

Index Series

BTS Group has been recognised as a constituent of FTSE4Good Index Series for the 7th consecutive year.

A Constituent of MSCI Indices,	Thailand Sustainability Investment (THSI)	Sustainability Disclosure Award 2022	"5-star" rating or "Excellent" rating
with "AA" ESG ratings (2023)			in Corporate Governance
6 years ranked among leading companies in	BTS Group and VGI have been included in the THSI	Sustainability Disclosure Award 2022 from the	BTS Group and VGI are certified member of the Thai
emerging markets in ESG operations with "AA"	from The Stock Exchange of Thailand for 4 years	Thaipat Institute for 4 consecutive years owing to	Private Sector Collective Action Against Corruption
rating (2023).	(2019-2022) and 2 years (2021-2022) in a row	transparent public disclosure of the Company's	and assessed as "5-star" rating or "Excellent"
	respectively, and amongst the listed Thai companies	performance in its Sustainability Report.	in Corporate Governance Scoring, for the 11th
	with outstanding performance on ESG aspects.		consecutive year for BTS Group and 7th consecutive
			year for VGI.

ASEAN CG Scorecard Award 2021	ESG Bond of the Year	Best Sustainable Transportation	Transport Deal of the Year	Cybersecurity Excellence Award
		Company 2023 - Thailand		(Transportation and Logistics)
BTS Group and VGI received the ASEAN	BTS Group's THB 20bn sustainability-	BTS Group was awarded the Best	BTSC's Green Bonds of THB 10.2bn won	BTSC was awarded Cybersecurity
CG Scorecard 2021 awards in the	linked bond received the ESG Bond of the	Sustainable Transportation Company 2023	the Transport Deal of the Year at The Asset	Excellence Award (Transportation and
category of "ASEAN Asset Class" by the	Year award from IFR Asia Awards 2022,	- Thailand by the APAC Insider's South East	Triple A Infrastructure Awards 2022.	Logistics) which recognises companies
ASEAN Capital Markets Forum. Of the 234	holding the distinction as the only Thai	Asia Business Awards 2023.		with excellent cybersecurity standard in
recipients, 76 are Thai listed companies	company to have won this award.			accordance with Thai laws and international
and 40 are in the SET50.				standard.

04

INTRODUCTION

NATURE OF BUSINESS

ORGANISATION AND SHAREHOLDING STRUCTURE

BUSINESS REVIEW

CORPORATE GOVERNANCE

FINANCIAL STATEMENTS

OTHER INFORMATION

BTS GROUP

IN ONE MINUTE

BTS Group is a multi-industry conglomerate utilising data and partnerships to amplify value from its proprietary transport and media network through our 3 core businesses: MOVE, MIX and MATCH.

FY 2022/23

Operating Revenue

THB 18,073MN

Recurring EBITDA

Recurring Net Profit

THB 7,669MN

THB 2,004MN

Employees

5,880

BTS GROUP HOLDINGS PCL

BTS GROUP IN ONE MINUTE

ANNUAL REPORT 2022/23	05

Rail Business

Secured Distances

138 km

Operating Distance

72 km

Full Operation of

Green Line and Gold Line Phase 1

Yellow Lines	Pink Lines
99%	97% Completed
	(expected commencement in 2024)
Completed	Pink Line Extension
	23% Completed
	(expected commencement in 2025)

Non-rail Business

U-Tapao

International Airport

and Airport City

Bus Rapid	Chao Phraya
Transit (BRT)	Express Boat
Intercity Motorways (2 Routes)
		Bang Pa In -
	M6
	Na Khon Ratchasima
		Bang Yai -
	M81
	Kanchanaburi

Daily Ridership in

MOVE Business

800,000

(PRE-COVID19)

No. 1

O2O Marketing Solutions Provider across 3 Platforms

Advertising, Digital Services

and Distribution

>40MN

Unique

Audience Reach

10.2 MN 16.2 MN

No. of	No. of
Rabbit LINE Pay	Rabbit Cards
Users

7.2 MN No. of

Rabbit Rewards

Users

Financial	Food	Construction	Partnerships
Services	& Beverage