Intouch Holdings Public Company (INTUCH) Q4 2024 earnings summary

Executive summary

• Consolidated net profit attributable to owners reached Baht 13,472 million for 2024, up from Baht 13,139 million in 2023, with EPS rising to Baht 4.20 from Baht 4.10 year-over-year.

• The group’s financial position remains robust, with total assets of Baht 41,560 million and equity of Baht 41,335 million as of 31 December 2024.

• The independent auditor issued an unqualified opinion, confirming fair presentation in accordance with TFRS.

Financial highlights

• Share of profit from AIS, the key associate, increased to Baht 14,185 million in 2024 from Baht 11,762 million in 2023.

• Total income for 2024 was Baht 14,222 million, up from Baht 11,794 million year-over-year.

• Administrative expenses rose to Baht 172 million from Baht 114 million year-over-year.

• Loss on remeasurement of venture capital investments was Baht 422 million in 2024.

• Dividend income from AIS increased to Baht 11,402 million from Baht 9,910 million year-over-year.

Outlook and guidance

• The Board resolved not to pay a 2024 annual dividend, having already approved interim and special dividends totaling Baht 8.54 per share.

• AIS proposed a 2024 dividend of Baht 10.61 per share, pending AGM approval.