As of 11:15 local time in Thailand on August 15, 2019, the share price of Advanced Info Service Public Company Limited (ADVANC) was ฿217.00/share, plunged ฿6.00/share or 2.68% with a trading value of THB 1.06 billion.
The plummet of share price might be due to the lower profit reported in its 2Q19 financial statement as well as the fall in global markets in fear of recession.
However, today will be the last trading day to receive ฿3.78/share interim dividend payment before ADVANC posting an ex-dividend date tomorrow. The payable date will be on September 3, 2019.
Mr. Siraphop Paphatthananan, ADVANC’s Investor Relations, stated that the average revenue per user (ARPU) tends to increase from an average of ฿263 per user in 2Q19. Meanwhile, the company still maintained its targeted revenue at THB 133,429 million and EBITDA margin around 42-44%.