ITEL Reports an Increase in 2020 Earnings with Well-Managed Cost of Services

Interlink Telecom Public Company Limited (ITEL) has reported its yearly consolidated financial statement of 2020 through the Stock Exchange of Thailand as follows;

ITEL reported a net profit of 183 million baht in 2020, increased 1.51% from a net profit of 181 million baht in 2019. The net profit margin was 8.92%, increased from a net profit margin of 7.70% in the previous year..

In 2020, total revenue was 2,058.89 million baht, decreased 12.26% from the revenue of 2,346.59 million baht in 2019. Meanwhile, the company made good management in the cost of services from 1,861 million baht in 2019 to 1,558 million baht in 2020.