Intouch Holdings Public Company Limited (SET: INTUCH) has announced its 3Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
Quarter | 3Q24 | 3Q23 |
Net Profit (Loss) Million Baht |
3,458.85 | 3,263.30 |
Earning Per Share (Baht) |
1.0800 | 1.0200 |
% Change | 5.99 | |
9 Months | 2024 | 2023 |
Net Profit (Loss) Million Baht |
10,166.27 | 8,835.49 |
Earning Per Share (Baht) | 3.1700 | 2.7600 |
% Change | 15.06 |
INTUCH reported a net profit of 3,459 million baht in 3Q24, an increase by 6% from the same period of last year. The increase in profits was primarily driven by AIS’s greater contribution. The rise was due to the recognition of TTTBB’s operating results by consolidating revenues, costs and expenses through the acquisition of TTTBB. In addition, core revenue increased; however, this was partly offset by the increase in costs, expenses and finances.
In 3Q24, INTOUCH had losses incurred from the fair value remeasurement of investments in the InVent project at 31 million baht.
INTOUCH has a dividend policy based on separate financial statements. These are mainly 100% dividends passed through from associates and subsidiaries after the deduction of operating expenses, assuming there are no extraordinary circumstances or items of concern in which a dividend payment would have a material impact on the Company’s operations.