ALT POC 1.79 THB ALT Telecom Public Company Limited or ALT informs the SET that the Q2/2023 performance of the company has a profit of 16.07 million baht, an increase of 1,109.6% compared to the same period in 2022 with a profit of only 1.33. million baht as a result of the total revenue of the company increased 56.6% YoY, divided into revenue from sales of products, which grew 427.5% YoY, and the network service business, which is the company's regular income. and main income in the proportion of 45.7% of total revenue, an increase of 74.5% YoY.
However, revenue from project-based services will be recognized according to the completion of the work in Q2/23, with revenues decreasing according to the telecommunication industry situation.
In addition, at the end of June 2023, the company had a backlog of about 4,275 million baht.