Earnings Report /
Thailand

True Corp PCL: Deeper core loss than expected; shallower core loss seen in 2H21

  • Deeper core loss than modeled due to DIF’s lower equity income

  • TRUE posted a 1Q21 net loss of Bt581m

  • The YoY shallower core loss was due to a rise in Group’s service revenue

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
17 May 2021

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