DTAC revenues, net profit decline in Q1

Nieuws Algemeen Thailand 24 APR 2015
DTAC revenues, net profit decline in Q1

Thai mobile operator DTAC’s total revenues for the first quarter increased by 1.9 percent to THB 22.8 billion, mainly boosted by handset sales and mobile data revenue growth, offset by a decline in voice revenue, the company said. Service revenue decreased 3.6 percent year-on-year to THB 16.7 billion. Handset and starter kit sales rose by 35 percent year-on-year, while voice revenue amounted to THB 7.7 billion, which represents a decrease of 18 percent in the period. Data revenue reached THB 7.4 billion, increasing by 13 percent from the first quarter of 2014.

EBITDA stood at THB 7.3 billion in the first quarter, down by 11 percent year-on-year. EBITDA margin was 32.2 percent at 31 March 2015, down from 36.6 percent in the year-earlier quarter. Net Income was THB 2.2 billion, down by 31 percent year-on-year. The decline was mainly due to the EBITDA dropping year-on-year and higher D&A expenses.

DTAC ended the first quarter with a total customer base of 28.4 million, an increase of 0.7 percent year-on-year and 1.5 percent quarter-on-quarter. Blended ARPU was lower year-on-year at THB 215 versus THB 224 in March 2014. MoU decreased to 216 from 250, negatively impacted by voice-to-data substitution, the company said.

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