Total Access Communication Public Company Limited (SET: DTAC) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
DTAC reported a net profit of THB3,356 million in 2021, decreasing 34.3% YoY, impacted by higher amortization of 700 MHz spectrum and loss in fair value hedges in 1Q21. Meanwhile, net profit for 4Q21 amounted to THB171 million, negatively impacted by one-time asset write-off of approximately 430 million pursuant to surrender of rental space on leased towers.
Total revenue in 2021 amounted to THB81,320 million, increasing by 3.2% YoY mainly from reopening of shops from September and gradual easing of COVID-19 restrictions. Service revenues excluding IC amounted to 13,994 million for 4Q21, declining by 0.6% YoY, marginally improving by 0.1% QoQ from the slowly improving macroeconomic situation.
At the end of 2021, total subscriber base stood at 19.6 million, increasing 0.7 million from the end of last year. The increase mainly came from prepaid, reflecting the return of tourists and migrants, and improving gross adds because of regionalized approach in market execution. Postpaid subscriber base stood at 6.2 million, reflecting a decline of 79k from 2020 but increasing 5k QoQ. Prepaid subscribers increased by 625k YoY and by 250k QoQ to 13.4 million, reflecting gradual recovery from shop reopening and slowly improving macroeconomic situation.
In addition, the Board of Directors approved the final dividend payment from the operating results of the six-month period (1 Jul – 31 Dec 2021) at the rate of THB1.05 per share.
The Ex-dividend date (XD) is set for 11 February 2022. The payment of the interim dividend will be made on 20 April 2022.
