ILINK Records THB85 Million of Profit in 3Q22 as Distribution and Telecom Business Grow

Interlink Communication Public Company Limited (SET: ILINK) has announced its 3Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 3Q22 3Q21
Net Profit (Loss)

Million Baht

85.29 78.86
Earning Per Share

(Baht)

0.1570 0.1450
% Change 8.17
9 Months 2022 2021
Net Profit (Loss)

Million Baht

261.46 235.16
Earning Per Share (Baht) 0.4810 0.4330
% Change 11.18

 

Total revenues of the company in the third quarter of 2022 was 1,806.61 Million Baht, an increase of 16.42% compared to 1,551.77 Million Baht in Q3/2021. The growth of total revenues was from the sales of Distribution Business increased by 13.01% while Telecom Business had a 45.84% increase in service revenue. Meanwhile, the Engineering Business had a 16.03% decrease in revenue recognition, which was in line with the nature of the business that recognized revenue based on the success of different tasks each period. 

The company’s revenue from sales in 3Q2022 amounted to 675.41 Million Baht, an increase of 13.01% when compared to 597.65 Million Baht in Q3/2021.

The company had net profit of 85.29 million baht, a growth of 8.17% compared to 78.85 million baht in 3Q2021.

The gross profit margin in this period was 24.22%, improved from 22.14% in 3Q2022 as a result of a significant drop in copper prices since July 2022. However, the gross profit margin in this quarter was slightly lower from 25.06% in the previous period.