{"id":4858,"date":"2026-08-04T19:44:45","date_gmt":"2026-08-04T12:44:45","guid":{"rendered":"https:\/\/thereporter.asia\/eng\/?p=4858"},"modified":"2026-08-04T19:44:45","modified_gmt":"2026-08-04T12:44:45","slug":"true-corporation-q2-2026-profit","status":"publish","type":"post","link":"https:\/\/thereporter.asia\/eng\/2026\/08\/true-corporation-q2-2026-profit\/","title":{"rendered":"True Corporation Q2 2026 Profit Hits THB 6.6B Amid Topline Recovery"},"content":{"rendered":"<p id=\"p-rc_cbdf9a330418b493-407\" data-path-to-node=\"2\"><span data-path-to-node=\"2,0\"><b data-path-to-node=\"2,0\" data-index-in-node=\"0\"><span class=\"citation-2135\">Bangkok, August 4, 2026<\/span><\/b><span class=\"citation-2135\"> \u2013 True Corporation Public Company Limited announced its financial results for the second quarter of 2026, delivering its sixth consecutive quarter of profitability<\/span><\/span><span data-path-to-node=\"2,2\">. <\/span><span data-path-to-node=\"2,4\"><span class=\"citation-2134\">Supported by service revenue recovery and disciplined financial management, the company reported a Net Profit After Tax of THB 6.6 billion<\/span><\/span><span data-path-to-node=\"2,6\">. <\/span><span data-path-to-node=\"2,8\"><span class=\"citation-2133\">EBITDA grew 13.5% year-on-year to THB 28.3 billion, reflecting continuous operational improvements across all business segments despite macroeconomic headwinds<\/span><\/span><span data-path-to-node=\"2,10\">.<\/span><\/p>\n<p id=\"p-rc_cbdf9a330418b493-408\" data-path-to-node=\"3\"><span data-path-to-node=\"3,1\"><span class=\"citation-2132\">The Board of Directors approved an interim dividend for Q2 2026 of THB 5.2 billion, representing a 79% payout ratio or THB 0.15 per share<\/span><\/span><span data-path-to-node=\"3,3\">. <\/span><span data-path-to-node=\"3,5\"><span class=\"citation-2131\">Service revenue excluding interconnection charges (IC) rose 0.8% year-on-year to THB 41.4 billion, driven by expanding mobile and online user bases<\/span><\/span><span data-path-to-node=\"3,7\">. <\/span><span data-path-to-node=\"3,9\"><span class=\"citation-2130\">Adjusted for lower domestic roaming revenue, service revenue grew 1.1% year-on-year<\/span><\/span><span data-path-to-node=\"3,11\">.<\/span><\/p>\n<p id=\"p-rc_cbdf9a330418b493-409\" data-path-to-node=\"4\"><span data-path-to-node=\"4,1\"><span class=\"citation-2129\"><strong>Mr. Sigve Brekke<\/strong>, Group Chief Executive Officer of True Corporation Public Company Limited, said, \u201cTrue Corporation delivered another strong quarter, driven by service revenue growth across all business segments, continued subscriber momentum, and improved operational efficiency. Our investments in mobile and fiber network modernization, localized and granular execution, and AI-enabled customer experiences and operations are translating into stronger customer outcomes and business performance<\/span><\/span><span data-path-to-node=\"4,3\">. <\/span><span data-path-to-node=\"4,5\"><span class=\"citation-2128\">Looking ahead, we will strengthen AI-powered transformation across the company, through our AI Centre of Excellence, a strong data foundation and end-to-end domain reinvention to scale innovation, productivity, and sustainable growth<\/span><\/span><span data-path-to-node=\"4,7\">.\u201d<\/span><\/p>\n<h2 data-path-to-node=\"5\">Key Performance Indicators and Subscriber Growth<\/h2>\n<p id=\"p-rc_cbdf9a330418b493-410\" data-path-to-node=\"6\"><span data-path-to-node=\"6,1\"><span class=\"citation-2127\">During the second quarter, True Corporation expanded its mobile subscriber base by 479,000 quarter-on-quarter, bringing total mobile subscribers to 48.6 million<\/span><\/span><span data-path-to-node=\"6,3\">. <\/span><span data-path-to-node=\"6,5\"><span class=\"citation-2126\">This growth was aided by the government\u2019s \u201cThai Help Thai\u201d stimulus program, participation in the Ministry of Education\u2019s \u201cStudy Anywhere, Anytime\u201d initiative, and full compliance with NBTC regulations<\/span><\/span><span data-path-to-node=\"6,7\">. <\/span><span data-path-to-node=\"6,9\"><span class=\"citation-2125\">The company&#8217;s 5G subscriber count reached 19.3 million at the end of the quarter<\/span><\/span><span data-path-to-node=\"6,11\">.<\/span><\/p>\n<figure id=\"attachment_4862\" aria-describedby=\"caption-attachment-4862\" style=\"width: 750px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4862\" src=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/08\/EN_TRUE2Q26_Size16-9.webp\" alt=\"True Corporation Q2 2026 Profit Hits THB 6.6B Amid Topline Recovery\" width=\"750\" height=\"421\" srcset=\"https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/08\/EN_TRUE2Q26_Size16-9.webp 750w, https:\/\/thereporter.asia\/eng\/wp-content\/uploads\/2026\/08\/EN_TRUE2Q26_Size16-9-300x168.webp 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><figcaption id=\"caption-attachment-4862\" class=\"wp-caption-text\">True Corporation Q2 2026 Profit Hits THB 6.6B Amid Topline Recovery<\/figcaption><\/figure>\n<p id=\"p-rc_cbdf9a330418b493-411\" data-path-to-node=\"7\"><span data-path-to-node=\"7,1\"><span class=\"citation-2124\">In the broadband segment, online subscribers increased by 28,000 quarter-on-quarter, backed by enhanced network reliability and service quality<\/span><\/span><span data-path-to-node=\"7,3\">. <\/span><span data-path-to-node=\"7,5\"><span class=\"citation-2123\">Net leverage was reduced to 3.7x, down 0.3x year-on-year and 0.1x quarter-on-quarter, strengthening the company&#8217;s balance sheet<\/span><\/span><span data-path-to-node=\"7,7\">. <\/span><span data-path-to-node=\"7,9\"><span class=\"citation-2122\">Since completing its amalgamation, True Corporation has achieved an aggregate EBITDA improvement of THB 8.9 billion, marking a 46% growth<\/span><\/span><span data-path-to-node=\"7,11\">.<\/span><\/p>\n<p id=\"p-rc_cbdf9a330418b493-412\" data-path-to-node=\"8\"><span data-path-to-node=\"8,1\"><span class=\"citation-2121\"><strong>Mr. Nakul Sehgal<\/strong>, Chief Financial Officer of True Corporation Public Company Limited, said, \u201cThe second quarter marked another strong quarter of execution for True Corporation. Service revenue returned to year-on-year growth, EBITDA increased 13.5% and net profit after tax reached THB 6.6 billion marking sixth consecutive quarters of profitability<\/span><\/span><span data-path-to-node=\"8,3\">. <\/span><span data-path-to-node=\"8,5\"><span class=\"citation-2120\">These results reflect continued financial discipline and focused execution, even as the quarter was marked by heightened macroeconomic uncertainty, geopolitical developments, and ongoing supply chain pressures<\/span><\/span><span data-path-to-node=\"8,7\">.\u201d<\/span><\/p>\n<h2 data-path-to-node=\"9\">Full-Year 2026 Guidance<\/h2>\n<p id=\"p-rc_cbdf9a330418b493-413\" data-path-to-node=\"10\"><span data-path-to-node=\"10,1\"><span class=\"citation-2119\">True Corporation maintains its full-year guidance for 2026, projecting service revenue excluding IC to grow by 1% to 2% year-on-year<\/span><\/span><span data-path-to-node=\"10,3\">. <\/span><span data-path-to-node=\"10,5\"><span class=\"citation-2118\">EBITDA growth remains unchanged at 7% to 9% year-on-year, with capital expenditure (CAPEX) expected to remain between THB 25 billion and THB 27 billion<\/span><\/span><span data-path-to-node=\"10,7\">.<\/span><\/p>\n<ul data-path-to-node=\"11\">\n<li>\n<p id=\"p-rc_cbdf9a330418b493-414\" data-path-to-node=\"11,0,0\"><span data-path-to-node=\"11,0,0,0\">Service Revenue Excl. <\/span><span data-path-to-node=\"11,0,0,2\"><span class=\"citation-2117\">IC: +1-2% YoY <\/span><\/span><\/p>\n<\/li>\n<li>\n<p id=\"p-rc_cbdf9a330418b493-415\" data-path-to-node=\"11,1,1\"><span data-path-to-node=\"11,1,1,0\"><b data-path-to-node=\"11,1,1,0\" data-index-in-node=\"0\"><span class=\"citation-2116\">EBITDA Growth:<\/span><\/b><span class=\"citation-2116\"> +7-9% YoY (Unchanged) <\/span><\/span><\/p>\n<\/li>\n<li>\n<p id=\"p-rc_cbdf9a330418b493-416\" data-path-to-node=\"11,2,1\"><span data-path-to-node=\"11,2,1,0\"><b data-path-to-node=\"11,2,1,0\" data-index-in-node=\"0\"><span class=\"citation-2115\">CAPEX:<\/span><\/b><span class=\"citation-2115\"> THB 25-27 Billion (Unchanged) <\/span><\/span><\/p>\n<\/li>\n<li>\n<p id=\"p-rc_cbdf9a330418b493-417\" data-path-to-node=\"11,3,1\"><span data-path-to-node=\"11,3,1,0\"><b data-path-to-node=\"11,3,1,0\" data-index-in-node=\"0\"><span class=\"citation-2114\">Interim Dividend:<\/span><\/b><span class=\"citation-2114\"> THB 0.15 Per Share (THB 5.2 Billion Total) <\/span><\/span><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"13\">#TrueCorporation #FinancialResults #Q226 #TelecomNews #ThailandBusiness<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bangkok, August 4, 2026 \u2013 True Corporation Public Company Limited announced its financial results for the second quarter of 2026, delivering its sixth consecutive quarter of profitability. Supported by service revenue recovery and disciplined financial management, the company reported a&#8230; <\/p>\n","protected":false},"author":1,"featured_media":4861,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3560,5765,5766,5767,155],"class_list":["post-4858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecom","tag-profit","tag-q2-2026","tag-thb-6-6b","tag-topline-recovery","tag-true-corporation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>True Corporation Q2 2026 Profit Hits THB 6.6B Amid Topline Recovery<\/title>\n<meta name=\"description\" content=\"True Corporation Q2 2026 profit hits THB 6.6B amid topline recovery. Learn about the company&#039;s strong performance and future plans. 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