DTAC Faces ฿921M. Avalanche in 3Q18 due to Depreciation and Amortization

Total Access Communication Public Company Limited (DTAC) has reported its 3Q18 consolidated financial statement through the Stock Exchange of Thailand as follow:
In Q318, DTAC reported total revenues of 17,963 million baht, decreasing 4.5%YoY and 4.3%QoQ due to declining handset sales and service revenues, partly offset by higher other operating income.

DTAC faced a loss of 921 million baht in 3Q18, mainly due to Depreciation and Amortization (D&A) of costs of services amounted to 7,856 million baht, increasing 21%YoY and 14%QoQ driven by network investment and the one-time amortization as a result of settlement with CAT related to ownership of towers.