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Thaicom's Q3 profit jumps nearly 60%

Wednesday 31 October 2018 | 10:37 CET | News
Asian satellite operator Thaicom posted consolidated net profit of THB 104 million for the third quarter of 2018, which represents an increase of 59.6 percent year-on-year. Revenue growth was mainly boosted by the decrease of depreciation expense through the satellite assets impairment recognized in the fourth quarter of 2017, and the decrease of selling and administration expenses, the company said.

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Categories: Broadcast & Satellite
Companies: Lao Telecommunications / Thaicom
Countries: Asia
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