0
Wireless

True turns to net profit, TrueMove H unit adds 338,000 subs in Q1

Tuesday 14 May 2019 | 10:23 CET | News
True Group turned to a net profit of THB 1.5 billion in the first quarter of 2019, compared to losses of THB 673 million in year-earlier period. This solid performance was achieved as service revenue increased by 4 percent year-on-year to THB 25.8 billion, driven mainly by mobile sales growth, the company said. EBITDA jumped 13.9 percent year-on-year to THB 7.6 billion. Cash flows from operating activities was THB 1.2 billion in the first quarter of 2019, declining year-on-year on higher rental payments to DIF and working capital requirements, the company added.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: TrueMove / TrueOnline
Countries: Thailand
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

True denies capital increase plans

Published 21 Nov 2019 09:26 CET | Thailand
Thai operator True has declined recent rumors that it plans to raise equity for THB 3 per share. The company also reports it ...

True Group more than doubles profit in Q3 boosted by asset sale to DIF

Published 19 Nov 2019 14:40 CET | Thailand
True Group reported a net profit of THB 2.9 billion for the third quarter of 2019, up from THB 1.1 billion in the second quarter ...

True Group's Q2 profit plunges nearly 90%, revenue drops 45%

Published 16 Aug 2019 10:48 CET | Thailand
True Group saw its net profit drop 89.5 percent year-on-year to THB 1.02 billion in the second quarter of 2019 from THB 9.7 ...

True Group turns to net profit, posts record service revenue in Q3

Published 05 Dec 2018 07:34 CET | Thailand
The TrueMove H unit saw its service revenue grow 10.1 percent year-on-year to THB 18.9 billion in the third quarter of 2018. ...

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

Published 28 May 2018 19:29 CET | Thailand
True Group reports saw its EBITDA grow 23 percent year-on-year to THB 9 billion in the first quarter of 2018. Excluding impact ...

True turns to net profit in 2017, EBITDA up nearly 60%

Published 02 Mar 2018 10:47 CET | Thailand
Thai operator True reported a consolidated net profit attributable to equity holders of the company of THB 2.32 billion for the ...

True Group net profit jumps 20% in 2017

Published 01 Mar 2018 11:20 CET | Thailand
True Group reported a net profit of THB 5.4 billion in the fourth quarter of 2017. True Group also reached net profit of THB 2.3 ...

True's Q3 net loss narrows, EBITDA up 39%

Published 14 Nov 2017 13:35 CET | Thailand
True Group reported a consolidated net loss of THB 691.48 million in the third quarter of 2017, compared to THB 1.24 billion in ...

TrueMove H launches Sony Xperia L1 promo

Published 29 Aug 2017 10:02 CET | Thailand
Thai operator TrueMove H is offering the Sony Xperia L1 smartphone for THB 2,990, which is half the standard price for the ...

True Group's Q2 EBITDA grows nearly 38%, net loss widens

Published 15 Aug 2017 15:33 CET | Thailand
Thai operator True Group saw its EBITDA grow 37.8 percent year-on-year to THB 8.7 billion in the second quarter of 2017, while ...

TOT picks Dtac as partner to develop 2,300 MHz spectrum

Published 24 May 2017 09:29 CET | Thailand
Thai state-run operator TOT has selected Telenor's local subsidiary dtac as its preferred partner for 4G services on TOT's 2300 ...

True establishes Digital & Media Platform unit

Published 06 Jan 2017 12:32 CET | Thailand
True Corporation has announced that its subsidiary Telecom Holding Company (TH) has established a new subsidiary called True ...

TOT seeks financial support for 10-digit number launch

Published 01 Nov 2016 09:01 CET | Thailand
Thai state-owned operator TOT has urged private telecom operators and the government to help financially support its plan to ...