MCOT Records a Loss of ฿183M in 2Q from Higher Expenses and Suspends Dividend Payment
MCOT Records a Loss of ฿183M in 2Q from Higher Expenses and Suspends Dividend Payment.
MCOT Records a Loss of ฿183M in 2Q from Higher Expenses and Suspends Dividend Payment.
13 ส.ค. 2563

MCOT Public Company Limited (MCOT) has reported its 2Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

MCOT reported a net loss of 183 million baht in 2Q20, decreased from a net profit of 287 million baht in 2Q19 as total revenue dropped and expenses rose.
In 2Q20, MCOT’s total revenue was 319 million baht, decreased 33% compared to a revenue of 476 million baht in the same period of last year. Meanwhile, total expenses increased by 137% from 211 million baht in 2Q19 to 500 million baht in 2Q20.
The company’s Board of Directors also approved the resolution to suspend an interim dividend payment.