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General

True Group turns to net loss, EBITDA jumps 53%

Thursday 10 November 2016 | 19:45 CET | News
True Group reported a consolidated net loss of THB 2.7 billion for the third quarter of 2016, compared to a net profit of THB 1.1 billion in the third quarter of 2015. True Group's service revenue surged 19.8 percent year-on-year to THB 22.6 billion in the third quarter, mainly on the significant growth of the cellular business leveraging on an expanding subscriber base and higher mobile internet usage. EBITDA jumped 53 percent year-on-year to THB 6.4 billion.

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Categories: General
Companies: TrueMove / TrueOnline
Countries: Thailand
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