Published on October 8, 2007

TOT unlikely to meet target for this year

TOT achieved a net profit of just over Bt4 billion during the first eight months, indicating it may well fall short of the year-end target of Bt8.168 billion.

TOT board director Supa Piyajitli said it would be difficult for the state agency to meet the net-profit target but TOT would work harder to achieve it by seeking more revenue from its rising-star broadband service.

TOT targets total revenue of Bt46.664 billion this year. During the past eight months, its revenue stood at Bt34.584 billion versus Bt40.349 billion over the same period last year.

Of total revenue as of August, Bt18.404 billion was from its own primary services, Bt984 million from the network-access charge, Bt13.78 billion from concession fees and Bt1.4 billion from other related businesses. Of total revenue from its own services, the fixed-line telephone business generated Bt9.8 billion during the past eight months, followed by the leased-line service with Bt2.94 billion, broadband Internet Bt1.4 billion and public-phone services Bt1.9 billion.

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