Income from Telecom Business Buoys ILINK’s 2Q Profit to Reach ฿27m

Interlink Communication Public Company Limited (ILINK) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

The current total net profit recorded at THB 27.05 million, decreased from 2Q18 by THB 4.31 million or approximately 5.63%. The decline was affected by numbers of external factors, such as statutory severance for employees from 300 days to 400 days, a change in accounting policy etc.

ILINK has 2Q19  total revenues of THB 1,290.41 million, increased by THB 9.74 million or approximately 0.76%. Total net profit is THB 72.24 million, excluding unrealized loss on exchange rate amount to THB 33.23  million (After Tax amount is THb 26.58 million). The increase in revenue was due to higher income from telecommunication business. The business provides several services, including Data Service and Data Center, over fiber optic network which ILINKhas been licensed through NBTC to widely install over the country.