August 20, 2014 12:54 PM ET

Wireless Telecommunication Services

Company Overview of True Move Company Limited

Company Overview

True Move Company Limited provides mobile telecommunications services in Thailand. The company operates an 1800 MHz mobile telecommunications business in Thailand under a concession to operate and provide services under the digital PCN 1800 system. It also involves in the trade of telecommunication equipment, as well as provides telecommunication equipment services; and offers international direct dialing telecommunication services. The company’s products and services include SIM cards, post-paid and pre-paid services, handsets, and value added services. Further, it operates as a content provider. The company is based in Bangkok, Thailand. True Move Company Limited is a subsidiary of True Co...

18 True tower building

Ratchadapisek Road

Huai Khwang

Bangkok,  10310

Thailand

Phone:

66 2 643 1111

Key Executives for True Move Company Limited

Chief Executive Officer
Age: 47
Chief Finance Officer
Age: 46
Chief Operating Officer
Age: 56
Chief Executive Officer of Network Technology and Director of Corporate Communications - Network Technology
Chief Commercial Officer and Director
Age: 50
Compensation as of Fiscal Year 2014.

True Move Company Limited Key Developments

True Move Company Limited Announces Unaudited Consolidated and Company Earnings Results for the First Quarter Ended March 31, 2014

True Move Company Limited announced unaudited consolidated and company earnings results for the first quarter ended March 31, 2014. On consolidated basis, for the period, the company reported total revenues of THB 7,596,055,885 against THB 10,124,263,673 a year ago. Loss before income tax expense was THB 3,718,849,389 against THB 1,384,174,720 a year ago. Loss for the period was THB 3,313,638,490 or THB 0.51 per basic share against THB 1,730,561,276 or THB 0.42 per basic share a year ago. Net cash used in operating activities was THB 614,386,964 against net cash generated from operating activities of THB 393,241,727 a year ago. Purchase of intangible assets was THB 30,889 against THB 303,800 a year ago. On company basis, the company reported total revenues of THB 1,345,138,224 against THB 5,436,276,330 a year ago. Loss before income tax expense was THB 3,749,266,171 against THB 1,321,129,741 a year ago. Loss for the period was THB 3,331,548,559 or THB 0.51 per basic share against THB 1,653,642,647 or THB 0.40 per basic share a year ago. Net cash used in operating activities was THB 889,929,284 against net cash generated from operating activities of THB 663,126,217 a year ago.

True Move Company Limited Reports Unaudited Consolidated and Parent Company Earnings Results for the Full Year Ended December 31, 2013

True Move Company Limited reported unaudited consolidated and parent company earnings results for the full year ended December 31, 2013. For the year, on consolidated basis, the company’s total revenue was THB 35,144,144,221 against THB 42,876,321,717 a year ago. Loss before income tax was THB 6 10,460,524,566 against THB 5,363,012,717 a year ago. Loss attributable to owner of the parent was THB 10,924,851,868 against THB 5,945,877,972 a year ago. Basic loss per share was THB 2.63 compared to THB 1.44 a year ago. Net cash generated from operating activities was THB 5,053,646,581 compared to THB 2,704,244,019 a year ago. Purchases of network equipment were THB 1,152,047,957 compared to THB 1,720,146,578 a year ago. Purchases of intangible assets were THB 2,366,870 compared to THB 74,571,290 a year ago. For the year, on parent company basis, total revenues were THB 15,184,238,595 against THB 26,467,022,497 a year ago. Loss before income tax was THB 10,520,911,784 against THB 5,635,300,797 a year ago. Loss attributable to owners of the parent was THB 10,937,899,784 against THB 6,153,788,248 a year ago. Basic loss per share was THB 2.63 compared to THB 1.49 a year ago. Net cash generated from operating activities was THB 2,905,250,001 compared to THB 2,180,801,968 a year ago. Purchases of network equipment were THB 1,152,047,957 compared to THB 1,712,358,510 a year ago. Purchases of intangible assets were THB 1,821,720 compared to THB 47,483,784 a year ago.

True Move Company Limited Reports Unaudited Consolidated and Parent Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

True Move Company Limited reported unaudited consolidated and parent company earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, on consolidated basis, the company’s total revenue was THB 7,428,033,578 against THB 9,018,629,361 a year ago. EBITDA was THB 612 million against THB 1,606 million a year ago. Loss before income tax was THB 3,176,064,285 against THB 1,160,154,319 a year ago. Loss attributable to owner of the parent was THB 3,099,182,213 against THB 1,317,729,841 a year ago. Basic loss per share was THB 0.75 compared to THB 0.32 a year ago. For the quarter, on parent company basis, the company’s total revenues were THB 3,286,822,774 against THB 6,199,034,380 a year ago. Loss before income tax was THB 3,509,411,584 against THB 1,032,847,804 a year ago. Loss attributable to owners of the parent was THB 3,400,771,638 against THB 1,219,048,084 a year ago. Basic loss per share was THB 0.82 compared to THB 0.30 a year ago. For the nine months, on consolidated basis, the company’s total revenue was THB 26,446,932,485 against THB 30,558,272,227 a year ago. EBITDA was THB 3,022 million against THB 4,900 million a year ago. Loss before income tax was THB 6,276,626,532 against THB 2,428,494,808 a year ago. Loss attributable to owner of the parent was THB 6,951,937,082 against THB 2,881,413,964 a year ago. Basic loss per share was THB 1.68 compared to THB 0.70 a year ago. Net cash generated from operating activities was THB 1,428,723,233 compared to THB 2,426,173,871 a year ago. Purchases of network equipment were THB 937,563,286 compared to THB 1,578,452,765 a year ago. Purchases of intangible assets were THB 1,528,530 compared to THB 58,058,289 a year ago. For the nine months period, on parent company basis, total revenues were THB 13,391,756,650 against THB 20,456,757,570 a year ago. Loss before income tax was THB 6,478,123,112 against THB 2,651,716,076 a year ago. Loss attributable to owners of the parent was THB 7,095,476,772 against THB 3,035,961,210 a year ago. Basic loss per share was THB 1.72 compared to THB 0.74 a year ago. Net cash generated from operating activities was THB 1,375,893,404 compared to THB 2,377,453,471 a year ago. Purchases of network equipment were THB 937,563,286 compared to THB 1,574,206,997 a year ago. Purchases of intangible assets were THB 1,183,230 compared to THB 34,180,239 a year ago.

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