ILINK Records THB383.48 Million of Net Profit, Offering THB0.20 Dividend Payout

Interlink Communication Public Company Limited (SET: ILINK) has announced its 2022 consolidated financial statement through the stock exchange of Thailand as follows;

Year 2022 2021
Net Profit (Loss)
Million Baht
383.48 353.11
Earning Per Share
(Baht)
0.7100 0.7000
% Change 8.60

 

ILINK reported a net profit of 383.48 million baht in 2022, increased 8.60% from a net profit of 353.11 million baht in 2021.

The total revenue of the company in 2022 was 7,095 million baht, an increase from the same period of previous year 6,109 million baht or an increase of 16.13%. The increase in total revenue was mainly due to increased revenue from the sales of distribution business increase by 13.31% while telecom business has a 37.68% increase in service revenue. Meanwhile, the engineering business has a 16.60% decrease in revenue recognition.

The company had total assets of 11,594.90 million baht, an increase of 2.21% compared to 11,344.32 million baht as of December 31, 2021. The company’s major assets were accrued

income from engineering and network services, trade accounts receivable and other receivables, and property, plant and equipment.

The total liabilities of 6,004.13 million baht, a decrease of 7.33% compared to 6,478.96 million baht as of December 31, 2021. This decline was due to lower borrowings from financial institutions after receiving payment from various projects.

In addition, the Board of Directors of ILINK announced a THB0.20 of dividend payout to be paid on 26 MAY 2023. The ex-dividend date is 10 MAY 2023.