INTUCH Books 2Q Profit 11% Lower at ฿2.94bn, Paying ฿1.35 Dividend, XD August 19
INTUCH showed a net profit in 2Q19 at THB 2,941 million, decreased 11% YoY, mainly due to lower contributions from the local wireless telecom business.
Intouch Holdings Public Company Limited (INTUCH) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
INTUCH showed a net profit in 2Q19 at THB 2,941 million, decreased 11% from 2Q18, mainly due to lower contributions from the local wireless telecommunications business, operated by AIS Group, and the satellite & international businesses, operated by THAICOM Group.
The net profit in 1H19 dropped 16% from 1H18, due to a lower profit contribution from the local wireless telecommunications business and the satellite & international businesses. However, the latter had recorded the gain on divestment of CSL Group in 1H18, so if this were excluded, the normalized net profit would only have dropped by 10%.
In addition, the Board of Directors meeting held on August 6, 2019 passed a resolution to pay an interim dividend from the operating results for the six‐month period ended June 30, 2019 at ฿1.35/share. The ex-dividend date will be on August 19, 2019 and the payment date will be on September 4, 2019.
