TRUE Q2/69 Net Profit 6.6 Billion Baht, Up 222.7%

Post Today•Economy•5d ago

Reader Briefing

True Corporation reported a net profit of 6.6 billion baht for Q2/2026, marking its sixth consecutive profitable quarter.

•True Corporation achieved a net profit of 6.6 billion baht in Q2/2026, a 222.7% increase year-on-year.
•The company's board approved an interim dividend of 0.15 baht per share, totaling 5.2 billion baht.
•True Corporation revised its 2026 service revenue growth target down to 1-2% from 2-3%.
•Mobile subscriber numbers increased by 479,000 in Q2/2026, reaching a total of 48.6 million.

•True Corporation reported a Q2/2026 net profit after tax of 6.6 billion baht, increasing 222.7% compared to the previous year.
•True Corporation's EBITDA for Q2/2026 was 28.3 billion baht, an increase of 13.5% year-on-year.
•The Board of Directors of True Corporation approved a cash dividend of 0.15 baht per share on August 4, 2026, with the record date set for August 18, 2026, and payment on September 2, 2026.
•Sigve Brekke, Group Chief Executive Officer of True Corporation, stated the company will enhance organizational transition through AI via an AI Centre of Excellence.
•True Corporation's mobile user base grew by 479,000 numbers in Q2/2026, supported by the Thai Chuay Thai Plus project and the Ministry of Education's Study Anywhere Anytime project.
•True Corporation reported 19.3 million 5G users in Q2/2026 and an increase of 28,000 home internet users compared to the previous quarter.
•True Corporation revised its 2026 service revenue growth target to 1-2% due to decreased tourists, geopolitical uncertainty, supply chain disruptions, and weaker B2B and subscription TV revenue.
•True Corporation maintained its 2026 CAPEX budget at 25-27 billion baht and its EBITDA growth target at 7-9%.

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True Corporation(บริษัท ทรู คอร์ปอเรชั่น จำกัด (มหาชน))ℹ️

A telecommunications company that reported Q2/2026 profits and is transitioning its organization using AI.

NBTC(กสทช.)

The regulatory body whose criteria True Corporation followed regarding mobile services.

Ministry of Education(กระทรวงศึกษาธิการ)ℹ️

The organization that implemented the Study Anywhere Anytime project.

Sigve Brekke(ซิกเว่ เบรกเก้)ℹ️

Group Chief Executive Officer of True Corporation.

Nukul Sehgal(นกุล เซห์กัล)

Chief Financial Officer of True Corporation.

Thai Chuay Thai Plus(ไทยช่วยไทย พลัส)

A government economic stimulus project that supported the increase in True Corporation's mobile subscribers.

Study Anywhere Anytime(เรียนได้ทุกที่ ทุกเวลา (Study Anywhere Anytime))

A Ministry of Education project that contributed to the growth of True Corporation's mobile user base.