TRUE Turns Around to Find ฿384M. of Profit in 3Q18 from High Revenue!
Due to its high revenue and subscriber's growth, TRUE recorded ฿384 million of profit in 3Q18 YoY.
15 พ.ย. 2561

True Corporation Public Company Limited (TRUE) has reported its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follows:

TRUE’s net profit in 3Q18 was ฿385 million, improved significantly from a loss of ฿691 million in the same period last year. This solid performance was driven by strong revenue and subscriber growth
 
Consolidated service revenue reached a record ฿26.3 billion in 3Q18, a growth of 7.3% YoY, 10.3% YoY, excluding contribution from the fixed-line phone concession. The growth was driven mainly by double-digit growth of both the cellular and broadband internet businesses.
When excludes impact from sales of assets to the Digital Telecommunications Infrastructure Fund (DIF), EBITDA grew 13.9% from the same period last year to ฿10.2 billion with margin increasing to 38.4% in 3Q18 compared to 36.5% in 3Q17.