Intouch Holdings Public Company Limited (SET: INTUCH) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Yearly | 2021 | 2020 |
| Net Profit (Loss) Million Baht |
10,748.22 | 11,047.65 |
| Earning Per Share (Baht) | 3.35 | 3.45 |
| % Change | 2.71 | |
INTUCH reported a net profit of THB10,748 million, a drop of 3% from the previous year, mainly due to a lower contribution from Advanced Info Service Plc. (SET: ADVANC) and Thaicom Plc. (SET: THCOM). The operational expenses, including directors and management benefits, were THB376 million, a rise of 18% from 2020 due to the company restructuring. However, these 2021 expenses were under THB300-400 million.
ADVANC recorded a net foreign exchange loss and an increase in depreciation & amortization after the acquisition of 700MHz and 26GHz spectrum licenses. Meanwhile, THCOM had recorded a share of compensation (after a prepaid expense was written off) as other income in 2Q20. If this compensation is excluded, the contribution from the satellite & international businesses would have increased from 2020, due to a net foreign exchange gain and lower costs, although there was a loss contributed from the investment in joint ventures.
In addition, the Board of Directors meeting held on 10 February 2022 passed a resolution to pay a dividend from the second half of 2021 operating results (1 July-31 December 2021) at the rate of THB1.60 per share. The Ex-dividend date (XD) is set for 23 February 2022. The payment of the interim dividend will be made on 21 April 2022.
