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AIS posts 5.1 per cent growth in nine-month net profit

Oct 31. 2019
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Advanced Info Service (AIS) posted a 5.2 per cent growth in core service revenue to Bt104.883 billion with Bt24.019 billion in net profit, increasing 5.1 per cent, for the first nine months year on year.

AIS currently serves around 41.6 million mobile phone subscribers, according to its statement today (October 31).

  Somchai Lertsutiwong, chief executive officer said: “Companies faced intense competition in the first three quarters, but AIS was well prepared, given our staff capabilities as well as innovations in providing the best services".

  "We have continued to uplift Thailand’s digital infrastructure and have gained the trust of customers and stakeholders. 

  In the first nine months of 2019, the company recorded total revenue of Bt133.969 billion, increasing 6.9 per cent year on year.

It noted that all financial figures in the statement did not include the effect from TFRS 15 adoption.

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