Intouch Holdings Public Company Limited (SET: INTUCH) has announced its 2024 consolidated financial statement through the Stock Exchange of Thailand as follows:
INTUCH reported a net profit of 13,472 million baht, an increase of 3% from the previous year, primarily driven by a greater contribution from AIS. AIS reported a 21% increase in profit compared to the previous year, supported by revenue growth from its core businesses such as mobile phone services, high-speed internet services (following the consolidation with TTTBB) and enterprise services.
Total revenue for INTUCH in 2024 was 14,222 million baht, up 21% from 11,794 million baht in 2023. The increase in revenue was primarily due to the increased share of profit from investments in an associate.
