True Group's net profit jumps to THB 10 bln in Q2

Wednesday 15 August 2018 | 07:22 CET | News
True Group posted a net profit of THB 10 billion in the second quarter of 2018, compared to a net loss of THB 1.2 billion in the year-earlier period and THB 0.4 billion in the first quarter of 2018. This improvement was mainly driven by revenue and subscriber growth for both the cellular and broadband internet businesses, as well as the gain from asset sale to the Digital Telecommunications Infrastructure Fund (DIF) in May, True said. Consolidated net income amounted to THB 9.7 billion in the first half of 2018.

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