AIS announces operating results for the first quarter of 2021, bringing total revenues to 45,861 million baht, a 7% growth from the previous year. Overall mobile phone business revenues grew 1.2% compared to the previous quarter. In the part of home internet business Revenue continued to grow strongly at 17% from the previous year.
Despite the overall economic uncertainty, AIS continues to expand its 5G / 4G network, resulting in increased service costs and net profit and EBITDA in Q1 2021 slightly lower 1.7% and 0.9% (YoY ), Respectively. EBITDA recovered by 1.6% (QoQ) growth compared to the previous quarter. This is due to the return of revenue growth and efficient management of SG&A costs.
Mr. Somchai Lertsutiwong Chief Executive Officer of Advanced Info Service Public Company Limited or AIS Said “The COVID-19 epidemic situation is still the main factor that has a direct impact on the growth of the business sector. Although there were two outbreaks in late 2020 until the first 1-2 months of 2021, AIS still managed to perform at a satisfactory level. “
For the first quarter of 2021, AIS recorded total revenue of 45,861 million baht, growing 7% (YoY) compared to the same period last year. By profit before interest, tax, depreciation However, the first quarter of this year recovered, with EBITDA growing 1.6% (QoQ), a result of cost management.
Although the network continues to expand, especially with 5G technology, AIS still has a significant reduction in sales and administrative expenses. The net profit for the first quarter of 2021 fell 1.7% (YoY) due to the impact of COVID-19 and competition that has continued to be high this year. Net profit fell 7.3% qoq (QoQ) due to foreign exchange losses. And tax incentives received in Q4 / 2020
Cell phone business
Overall, mobile phone business revenue in the first quarter of 2021 declined 3.2% (YoY) but grew 1.2% (QoQ) compared to the previous quarter. This is due to the high growth of new users. Including measures from the government that stimulate public spending
Revenue in the monthly subscriber segment (Postpaid) continued to grow. There was a net increase of 442,400 numbers in the past quarter. The prepaid subscriber group has recovered steadily and has a net increase of 887,900 numbers, resulting in AIS remains the number one service provider with the most number of 42,767,100 numbers while The market continues to focus on unlimited data packages, which are popular, especially in economic conditions where customers are looking to save money.
For the growth of 5G subscribers, which has expanded the 5G network to cover all 77 provinces, with official service opening since October 2020, at the end of the first quarter of 2021, AIS has more than 7 hundred thousand 5G subscribers. To 1 million this year
Home Internet Business
For home internet business Still receiving positive factors from the changing consumer behavior. Both from work at home (WFH) of companies Or even for the study of students where using the Internet is more and more important. In the first quarter of this year, AIS Fiber saw an increase of 95,000 subscribers or a 7% increase from the end of the previous year. Resulting in a total of more than 1.43 million users nationwide Although the level of average monthly income per customer, or ARPU, is lower due to competition. But overall income is still 17% higher than the same period last year. With revenues of 1,919 million baht, AIS Fiber continues to stand up as the leader in the home internet business that has the highest growth and is stronger than the market.
Mr. Somchai Explain that “signs of business recovery in the first quarter of this year May not affect the long term numbers in any way. We are currently in the third wave of COVID-19 outbreaks, which may have serious consequences for the business sector throughout the year. But our work continues to invest in digital infrastructure in accordance with our budget. 25,000-30,000 million baht to bring 5G potential to revitalize the country through working with various industries in all dimensions, which is a plan that all AIS employees continue to work hard to make 5G the most beneficial to all sectors “
“Operating results for the first quarter of this Show dedication to sustain, settle, adapt and fight the COVID crisis. Caused by the cooperation of AIS people to deliver digital services and technology to all customer groups Including working with partners to support the public health sector to be able to drive the fight against this epidemic with the full potential of 5G by connecting to help Thais and the country can move forward in the midst of This hardship ” Mr. Somchai Conclude
