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GULF’s core profit grew 12% YoY to THB 4.71 billion in Q3/24 from energy business and share of profit from INTUCH
FRIDAY, NOVEMBER 15, 2024
Gulf Energy Development Plc. (GULF) reported the financial results for Q3/24 with a total revenue of THB 31.259 billion, a growth of 11% from Q3/23 and a core profit of THB 4.71 billion, a 12% increase from THB 4.203 billion in the same quarter of the previous year.
GULF and INTUCH amalgamation a game changer, analyst says
THURSDAY, AUGUST 29, 2024
Amalgamation of Gulf Energy Development and Intouch Holdings will restructure related companies within the group to maximise benefits
GULF reported core profit of THB 3.556 billion in Q2/23, a 15% YoY increase, from the COD of GPD and an increase in share of profit from INTUCH
FRIDAY, AUGUST 11, 2023
Gulf Energy Development Plc. (GULF) reported the financial results for Q2/23 with a total revenue of THB 35.263 billion, a 44% increase from THB 24.553 billion in Q2/22 and a core profit of THB 3.556 billion, a 15% increase from THB 3.081 billion in the same period of last year.
GULF wins ‘Deal of the Year Awards – Mergers & Acquisitions Deal’ for the tender offer for INTUCH and ADVANC
MONDAY, OCTOBER 31, 2022
Gulf Energy Development Plc (GULF) received the Business Excellence ‘Deal of the Year Awards – Mergers & Acquisitions Deal’ for the tender offer for securities of Intouch Holdings Plc (INTUCH) and Advanced Info Service Plc (ADVANC) at the 19 th SET Awards ceremony, held at The Stock Exchange of Thailand.
GULF announces 3Q21 core profit at THB 2,293 million, an increase of 73% YoY
SATURDAY, NOVEMBER 13, 2021
In Q3’21, GULF recorded net profit attributable to the parent company, which includes the impact from foreign exchange rate, of THB 1,588 million, an increase of 71% YoY compared to THB 970 million in Q3’20.
Gulf boosts holding in INTUCH
THURSDAY, FEBRUARY 04, 2021
Gulf Energy Development (Gulf) has acquired an additional 1.14 million shares to increase its stake in Intouch Holdings (INTUCH) to 15 per cent from 10 per cent, the Stock Exchange of Thailand (SET) reported on Thursday.
Gulf paying Bt8.9bn to increase Intuch stake
WEDNESDAY, DECEMBER 30, 2020
Gulf Energy Development informed the Stock Exchange of Thailand on Wednesday that the company's board of directors had approved a Bt8.92 billion budget to boost its Intouch Holdings (Intuch) shareholding by up to 5 per cent.
Intouch says Bt7.7bn claim for broken satellite won’t hit finances
TUESDAY, NOVEMBER 10, 2020
Intouch Holdings (INTUCH) expects its 2020 turnover to drop year on year due to a decline in Advance Info Services (ADVANC) revenue. Meanwhile, turnover of the firm’s satellite arm, Thaicom (THCOM), is projected to rise slightly after challenges in signing new contracts, according to Tomyantee Kongpoolsilpa, INTUCH senior vice president Portfolio Management & Investor Relations.
Intouch, Thaicom stocks take big hit after ministry seeks compensation for lost satellite
TUESDAY, NOVEMBER 10, 2020
The stock price of Intouch Holdings (INTUCH) and Thaicom (THCOM) on Tuesday dropped sharply despite the rise in the Stock Exchange of Thailand (SET) Index after the Digital Economy and Society (DES) Ministry claimed compensation of more than Bt7.7 billion for the damage to Thaicom 5 satellite.
Gulf Energy expects Bt700m dividend boost from hiking its stake in Intouch
THURSDAY, OCTOBER 08, 2020
Gulf Energy Development (Gulf) is expected to reap dividends of around Bt700 million per year after securing a 10-per-cent stake in Intouch Holdings, experts said.