TRIS Rating also revealed that its outlook reflects TRIS Rating’s expectation that BTS Group’s operating results will continue to improve due to an increase in revenue from Operating and Maintenance (O&M) services and a recovery in the advertising media business. In addition, the rating outlook reflects TRIS Rating’s expectation that the Bangkok Metropolitan Administration (BMA) will repay the outstanding receivables to the company in the imminent future.
BTS Group’s core business consists of 3M businesses.
First, MOVE business, which is a door-to-door transportation service provider for passengers with various modes of travel, including rail, road, water and air. Also, the Company is the pioneer of Sky Train operator for more than 20 years.
Second, MIX business or marketing comprehensive service provider in the form of Offline-to-Online (O2O) solutions, that uses Smart DATA to…
