Intouch Holdings Public Company Limited (SET: INTUCH) has announced its 1Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Year | 1Q24 | 1Q23 |
| Net Profit (Loss) Million Baht |
3,261.59 | 2,690.19 |
| Earning Per Share (Baht) |
1.0200 | 0.8400 |
| % Change | 21.24 | |
INTUCH reported a net profit of 3,262 million baht, marking a 21% increase compared to 1Q23, primarily driven by a greater contribution from AIS. The rise in profit margin stemmed from boosted service and sales revenues, notably from fixed-broadband services following the recognition of TTTBB’s contribution, alongside effective cost and SG&A management. Nonetheless, this was partly offset by increased finance costs resulting from the acquisition of TTTBB and JASIF, in addition to lease liabilities.
