Interlink Communication Public Company Limited (SET: ILINK) has announced its 2021 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Yearly | 2021 | 2020 |
| Net Profit (Loss) Thousand Baht |
353,108 |
195,892 |
| Earning Per Share (Baht) |
0.70 |
0.36 |
| % Change | 80.3% | |
Distribution business revenue comes from importing and distributing cabling products, networking equipment, and racks. The company’s revenue from sales in 2021 amounted to 2,172.92 Million Baht, an increase of 7.03% when compared to 2,030.18 Million Baht in 2020. This year, the revenue accounted for 35.56% of total revenue.
The increase in in sales was driven by the growth of digital trends and the rapid online transitions. This creates the need for tons of data connections that rely on cabling products and networking equipment which is the main infrastructure that is standardized and highly stable.
Revenues from telecom business results from rendering the fiber optic network called “Data Service” in various types such as Interlink MPLS IP-VPN, Interlink Dark Fiber, and Interlink IPLC while another service is rendering space in the Data Center. Both services generate recurring revenue. And the last service is network installation. The company’s revenue from telecom business in 2021 amounted to 2,462.31 Million Baht, an increase of 22.06% compared to 2,017.27 Million Baht in 2020. This year, the revenue accounted for 40.30% of total revenue.
Besides revenue from engineering business coming from working on electrical engineering projects as well as special projects based on agreements. The company focuses on Transmission Line Project, Substation Project, Submarine Cable Project, and Underground Cable Project which are in the areas of expertise. The Company’s revenue from engineering business in 2021 amounted to 1,422.47 Million Baht, an increase of 28.59% compared to 1,106.21 Million Baht in 2020. This year, the revenue accounted for 23.28% of total revenue.
