Thaicom Releases Financial Results For Third Quarter Of 2018

Thaicom Public Company Limited (THCOM), Thailand’s first satellite operator, reported its operating results for the third quarter of 2018, posting …
Thaicom Releases Financial Results For Third Quarter Of 2018

Thaicom Public Company Limited (THCOM), Thailand’s first satellite operator, reported its operating results for the third quarter of 2018, posting a consolidated net profit of Baht 104 million (approximately U.S.$3.15 million), improved by 59.6% from Q3/2017, due mainly to the decrease of depreciation expense through the satellite assets impairment recognized in Q4/2017, and the decrease of selling and administration expenses.

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