CS LoxInfo reports a net profit for 1Q2013 Baht 146 million or 0.25 Baht/share
For more information, please contact
Public Relation Department
Tel: 0 2263-8000 ext. 1424, 2025
Bangkok, Thailand – 8 May 2013
Bangkok, Thailand – 8 May 2013 – CS LoxInfo (CSL) announced its first quarter 201 3 consolidated net profit of Baht 146 million or Baht 0.25 per share which comprised of:-
- Net profit from operation of Baht 123 million, an increase of Baht 50 million from 4Q2012 (Baht 73 million). This was due to better performance of ICT Business and Voice and Mobile Content Business
- Extraordinary gain (net of corporate income tax) of Baht 23 million from discount settlement for the internet network rental fee
Moreover, CSL reported a net profit in separated financial statement for 1Q2013 of Baht 169 million or Baht 0.28 per share, an increase of Baht 67 million over 4Q2012. This comprised of 1). Net profit from the operation of Baht 46 million, an increase of Baht 30 million over 4Q2012 from the continuous growth of core products such as Internet Data Center (IDC) Service and ICT Solution Service for corporate customers, 2). Dividend received from subsidiary of Baht 100 million, an increase of Baht 35 million over 4Q2012 due to better performance of Voice and Mobile Content Business, and 3). Extraordinary gain of Baht 23 million.
For Voice Services & Mobile Content Services, net profit for 1Q2013 increased Baht 12 million over previous quarter. This was due to an increase of mobile subscription revenue due to the growth of its customer’s base from efficiency in marketing and various product offerings such as SMS services for entertainment news or sport news etc. which become more popular among our customers.
For YellowPages Business, its net result for 1Q2013 had been improved of Baht 11 million from previous quarter from issuing and launching a vertical book “Aroi vol.2”, a magazine for dining which provides the information for delicious food or delicious restaurants in Bangkok Metropolitan Region, in parallel with efficient in cost and SG&A management.