DTAC’s 1Q19 Profit Grows 7% to ฿1,408 Million from Lower D&A

DTAC’s 1Q19 profit has grown 7% to THB 1,408 million from lower depreciation and amortization.

Total Access Communication Public Company Limited (DTAC) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

DTAC booked a net profit for the first quarter of 2019 in an amount of THB 1,408 million, increased 129% QoQ and 7.1% YoY. The QoQ increase was mainly from higher EBITDA, partly offset by higher D&A charges and financial costs, while the YoY increase was from sharply lower D&A charges, which was partly offset by lower EBITDA.

At the end of Q119, total subscriber base stood at 20.7 million, declining 0.5 million from the end of Q418, due to decline in prepaid segment, which was partly offset by growth in postpaid segment. Prepaid subscriber base was 14.5 million, declining 599k from Q418, due mainly to prepaid-topostpaid conversion and intense competition. During the same period, postpaid subscriber base increased by 123k to reach 6.2 million, due to prepaid-to-postpaid conversion, gradual improvement in network quality and experience, and attractive device campaigns.