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Wireless

True Group's EBITDA jumps 23%, net loss narrows to THB 387 mln

Monday 28 May 2018 | 19:29 CET | News
True Group reports saw its EBITDA grow 23 percent year-on-year to THB 9 billion in the first quarter of 2018. Excluding impact from the 2017 asset sale to DIF, EBITDA expanded 26.2 percent year-on-year and 2 percent quarter-on-quarter, while margin improved to 37 percent in the first quarter of 2018, from 31.6 percent in the year-earlier period and 36.5 percent in the fourth quarter of 2017. True Group reported a consolidated net loss of THB 386.7 million in the first quarter of 2018, compared with a net loss of THB 1.15 billion in the first quarter of 2017.

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Categories: Internet / Mobile & Wireless
Companies: TrueMove / TrueOnline
Countries: Thailand
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