ScandAsia. Norway News
DTAC Profits Up 193%
23.07.2008 | news Newsdesk
Thailand’s second largest cellco by
subscribers DTAC has reported that its second-quarter net profits rose by 193%
year-on-year to THB3.9 billion (USD117 million), up from THB1.33 billion a year
earlier, and THB2.35 billion in the previous quarter.
The GSM operator,
controlled by Norway's
Telenor, also reported a 45% year-on-year rise in second-quarter EBITDA, and a
181% increase in EBIT. Capital expenditure was down by 4% y-o-y in the quarter,
which DTAC ended with 17.433 million subscribers, up from 16.656 million at the
end of March 2008 and 14.476 million at mid-2007.
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