Home ยป Fourth quarter 2566 AIS financial report shows revenue growth enhanced by 3BB acquisition

Fourth quarter 2566 AIS financial report shows revenue growth enhanced by 3BB acquisition

AI research shows Q4 2566, and full-year performance of 2566, are critical issues. The main highlight of Q4 was the acquisition of TTTBB, the Internet service provider, 3BB, which resulted in additional income for 46 days.

Specifically, in Q4 of 2566, AIS’s total revenue from core services was 37,055 million baht, a 9.5% increase compared to the previous year. Excluding TTTBB, growth stood at 3.1%, with a net profit of 7,003 million baht. This was impacted by TTTBB’s loss-making operations, low asset reserves, financing costs from business integration, and gains from the sale of investments in Rabbit LINE Pay. Overall, for the full year 2566, total revenue reached 188,873 million baht, a 1.8% increase, with a net profit of 29,086 million baht.

The mobile phone business had a customer base of 44.6 million numbers, with an increase of 170,000 numbers from Q3/2566. Average Revenue per User (ARPU) also increased to 223 baht per number per month. Additionally, the number of 5G subscribers increased to 9.2 million numbers.

The home internet business had a customer base of 4.74 million subscribers, which significantly increased due to the addition of TTTBB’s customer base of 2.3 million subscribers.

In summary, AIS’s Q4 2566 and full-year performance of 2566 experienced positive growth, driven by the acquisition of TTTBB and an increased customer base in both the mobile phone and home internet businesses.

TLDR: AIS reported positive growth in Q4 2566 and full-year performance of 2566, with increased revenue and net profit. The acquisition of TTTBB and the growth of customer bases in mobile phone and home internet businesses were noteworthy.

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