True Corp swings to profit

16 Nov 2009

Thai quad-play operator True Corp swung to a net profit of THB99 million (USD3 million) in the third quarter of 2009, on revenues that rose 2.6% year-on-year to THB15.43 billion, due largely to a reduction in financial costs to THB1.43 billion from THB2.59 billion in the corresponding three months of 2008. True had posted a net loss of THB1.23 billion in July-September 2008.

Thailand, True Corp