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Thaicom's revenue drops 2.3%, net loss narrows in Q3

Thursday 31 October 2019 | 11:20 CET | News
Thai satellite operator Thaicom reported revenue from sales and services of THB 1.18 billion for the third quarter ended 30 September 2019, which represents a decline of 2.3 percent from the second quarter of 2019. The decrease was mainly to the churn of broadband customers, the company said. Net loss for the third quarter amounted to THB 113 million, which improved from the loss of THB 135 million for the previous quarter. Excluding extraordinary items recognized during the quarter—namely the loss from sale of investment and foreign exchange, the net loss for the three months ended 30

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Categories: Broadcast & Satellite
Companies: Lao Telecommunications / Thaicom
Countries: Lao People's Democratic Republic / Thailand
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