Advanced Info Service Public Company Limited or ADVANCE Performance report for fiscal year 2023 has net profit as follows:
For ADVANC, it reported annual operating results for 2023 with a net profit of 29,086.11 million baht, an increase of 11.82% compared to the same period last year of 26,011.28 million baht, resulting from total income of 188,873 million baht, an increase of 100%. 1.8 each from the previous year from the increase in service income resulting from the recognition of TTTBB’s income and the growth of the internet business. Recovery of the mobile phone business and strong growth of the corporate customer service business Compensate with sales revenue Slightly reduced equipment
Meanwhile, revenue from the mobile phone business was 118,130 million baht, an increase of 1.2 percent compared to the previous year. From focusing on providing quality service and superior user experience along with offering additional services to create additional value In addition, international connection (Roaming) income has recovered in line with the economic recovery. An increase in consumer spending and improved tourism activities both inside and outside the country And from the efforts to push the use of 5G, it also results in an increase in ARPU as well.
Revenue from the home internet business was 13,621 million baht, an increase of 35 percent compared to the previous year. From revenue recognition from TTTBB for 46 days, together with maintaining normal growth levels. The growth comes from expanding the quality subscriber base in the outer areas through offering value-focused packages to new customers that will help raise ARPU, along with a variety of service promotion strategies (Cross -sell & Upsell) to the existing customer base. Excluding TTTBB, the normal growth of the home internet business will be 17 percent compared to the previous year.
Following the successful acquisition of TTTBB, at the end of 2023 AIS has a total broadband internet customer base of 4.74 million, resulting from organic growth of 276,000 subscribers and from the integration of subscribers. TTTBB has a total of 2.3 million subscribers, with promotional strategies combined with a focus on attracting high quality service users. and increasing the value of the package, causing the ARPU of AIS Fiber to increase to 434 baht/number/month increased by 6.6 percent and when combined with TTTBB’s operating results and quality customer base, the average ARPU of AIS’s high-speed internet business increased to 490 baht/number/month
In addition, the company notified the resolution of the Board of Directors’ meeting. It was proposed to the 2024 Annual General Meeting of Shareholders to consider approving the allocation of net profits for the year 2023 as dividends to shareholders at the rate of 8.61 baht per share. The company paid an interim dividend on September 5, 2023 at the rate of 4.00 baht. per share, so the remaining dividend payment for this period is 4.61 baht per share. Dividends are scheduled to be paid to shareholders whose names appear on the record date for the names of shareholders with the right to receive dividends on February 20, 2024 (Record Date ) The first day of the XD sign is February 19, 2024 and dividends are paid on April 17, 2024.
In 2023, AIS continues to improve service quality. Through investments in smart 5G networks and home internet With a working goal that aims to raise the quality of service and signal network to deliver the best experience to customers through the main business groups including mobile phones, home internet, corporate customer service business. and digital services Ready to prepare an investment budget in 2024 of 26,000 million baht to raise the quality of service in every dimension.
side Mr. Somchai Lertsuthiwong Chief Executive Officer ADVANCE Said, “Although 2023 will be another year where we must face fluctuations in the world economy, resulting in the overall expansion of the Thai economy not meeting the target. We continue to develop a quality network. Both mobile phones and broadband to improve the quality of life for Thai people. Including the industrial sector that will reflect the digital economy as a whole as well as creating ECOSYSTEM ECONOMY together with leading partners from many sectors to drive sustainable shared growth. which will ultimately deliver benefits to Thailand”
In 2023, AIS generated total revenue of 188,873 million baht, benefiting from the start of revenue recognition from Triple Three Broadband Public Company Limited or 3BB, which came to strengthen the home internet business. and had a net profit of 29,086 million baht and profit before interest deduction Taxes and depreciation (EBITDA) equal to 93,371 million baht from strong operating results in all businesses. together with the development of work process efficiency With an automatic network system (Autonomous Network) and intelligent IT systems that elevate the user experience. The operating results are separated by business group as follows:
Mobile phone business There are a total of 44.6 million mobile phone customers. We continue to focus on delivering a superior user experience to customers based on the potential of the 5G network, which today has service coverage close to 90% of the area. population with a total number of service users exceeding 9.2 million numbers
High speed internet business Ready to serve both AIS FIBER3 and 3BB FIBER3 with coverage and access to more than 13.3 million households nationwide. Including home internet innovations and solutions that will meet every need of every home, every store, every business, and delivering happy experiences and service standards that make you happy, making today AIS 3BB FIBER3 a customer base of over 4.7 million households.
Corporate customer service business Able to efficiently answer the needs of the business sector through network services Digital solutions, cloud and data center services that is ready to connect in every work For corporate customers Especially in the main industries of the country like Manufacturing industry group Transportation and Logistics Business Group Real estate development and retail business This is the main industry of the country that plays an important role in the country’s economic growth.
Digital service business Continue to cooperate with partners who are strong according to the Ecosystem Economy concept to create sustainable growth together. Whether it is joining hands with world-class entertainment content partners, such as Netflix, HBO, and most recently Prime, as well as digital services to meet all-round lifestyle needs, such as digital insurance services from AIS Insurance Service. Or even a game platform like Game On, a game service center that meets all the needs of gamers.
“This year we continue to improve service levels in every business group. Continuously expanding the communication network and home internet network to cover all areas used by Thai people. This will lead to creating new opportunities for the country to create a competitive advantage and achieve sustainable growth of the country in every dimension.” Mr. Somchai concluded.
2024-02-06 13:09:16
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