ILINK Reports 38% Profit Growth in 2023 with THB0.39 Dividend Payment

Interlink Communication Public Company Limited (SET: ILINK) has announced its 2023 consolidated financial statement through the Stock Exchange of Thailand as follows;

Year 2023 2022
Net Profit (Loss)

Million Baht

531.57 383.48
Earning Per Share

(Baht)

0.9800 0.7100
% Change 38.62

 

ILINK reported a net profit of 531.57 million baht, a growth of 38.62% compared to 383.48 million baht in 2022.

Though, the company reported a total revenue of 6,965.20 Million Baht, a decrease of 1.84% compared to 7,095.67 Million Baht in 2022, which was mainly due to a 20% drop in revenue from telecom & data center business, the cost of services in 2023 also declined, as it amounted to 1,987.13 million baht, a decrease of 27.85% compared to 2,754.11 million baht in 2022.

The main proportion of costs recognized in 2023 is the cost of network rental service and the cost of network installation services, which accounted for 56.81% and 40.05% of the total cost of telecom & data center business, respectively.

In addition, ILINK announced a dividend payment of THB 0.39 per share to be paid on 23 May 2024. The ex-dividend date is 7 May 2024.