Reporters report that on February 7, 2024, Advanced Info Service Public Company Limited or ADVANC will announce operating results for the 4th quarter of 2023 and 2023. Yuanta Securities (Thailand) estimates that ADVANC will Net profit in the 4th quarter of 2023 was 7,529 million baht, an increase of 2.3% from the same quarter last year. with a net profit of 7,363 million baht, but decreased 7.6% from the previous quarter. with a net profit of 8,146 million baht
It expects normal profit for 4Q23 to be 7,529 million baht, an increase of 16% from the same quarter last year. with a normal profit of 6,491 million baht, resulting from reduced competition in the industry and good cost control, but decreased 0.8% from the previous quarter. This comes from pressure from the early stages of the TTTBB deal which was a loss to the group.
For the Mobile business, service income excluding interconnection fees (IC) is expected to be 29,600 million baht, an increase of 1% from the previous quarter and an increase of 0.3% from the same quarter last year, with TRUE increasing prices in the Postpaid market by approximately 15- 20 baht for some customers whose contract period has expired even though ADVANC has not increased accordingly. But overall competition in the industry continued to decrease, while the prepaid market received positive results from the number of foreign tourists increasing 10% from the previous quarter.
Broadband business expects revenue excluding TTTBB to be at 3,200 million baht, an increase of 5.9% from the previous quarter and an increase of 23.2% from the same quarter last year. Net add and ARPU will continue to increase. But if revenue from TTTBB realized in half of the quarter is included, Broadband revenue is expected to be 5,200 million baht, an increase of 72.1% from the previous quarter and an increase of 100.2% from the same quarter last year.
2024-02-04 09:13:00
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