trending Market Intelligence /marketintelligence/en/news-insights/trending/NjKl_qW0ZJ-yn8ms7qFHPg2 content esgSubNav
In This List

TV Direct swings to loss in Q1

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


TV Direct swings to loss in Q1

TV Direct PCL said its normalized net income for the first quarter was a loss of 2 satang per share, compared with 3 satang per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 10.0 million baht, compared with income of 21.3 million baht in the year-earlier period.

The normalized profit margin declined to negative 1.6% from 3.3% in the year-earlier period.

Total revenue rose on an annual basis to 655.7 million baht from 639.1 million baht, and total operating expenses rose 10.5% from the prior-year period to 668.5 million baht from 604.9 million baht.

Reported net income decreased 99.7% on an annual basis to 64,240 baht, or 0 satang per share, from 25.6 million baht, or 4 satang per share.

As of May 12, US$1 was equivalent to 33.74 baht.