INSET Reports a Profit of ฿120mn, Offering a Dividend at ฿0.15/Share

Infraset Public Company Limited (INSET) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

For the year ending 31 December 2019, INSET’s revenues was 1,219.97 million Baht. The main revenues were from Data Center & Information Technology Infrastructure Business, followed by the revenues from Telecommunications Infrastructure Business and the delivery of projects that have due date of contracts in 2019 such as USO (Phase 2), Cable Landing Station and CAT-IDC. In addition, the revenue from maintenance and service highly increased from 2018 due to revenue recognition of MA USO (Phase 1) since Q3/62 and maintenance service for MRT Blue Line Project.

INSET’s net profits was 120.12 million Baht increased by 27.04% and agreed to propose the dividend payment at the rate of Baht 0.15 per share, which to be paid on May 20, 2020.