INSET Reports Slight Increase in 1Q22 Earnings amid Rising Revenue and Declining Expenses

Infraset Public Company Limited (SET: INSET) has announced its 1Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 1Q22 1Q21
Net Profit (Loss)
Million Baht
23.69 22.84
Earning Per Share
0.0400 0.0400
% Change 3.74

INSET reported a net profit of 23.69 million baht in 1Q22, slightly increased by 3.74% from a net profit of 22.84 million baht in 1Q21. The increase was mainly due to INSET’s higher revenue from services, lower distribution costs and administrative expenses during the period.