ADVANC Q2 profit surges 25%, poised to raise target, recommended for dividend play

Earnings
โดย Thunhoon·TH·Read original
Summary · why it matters

ADVANC reported second-quarter net profit of 13.716 billion baht, up 25% from a year earlier and 1.6% from the previous quarter. Service revenue reached 45.473 billion baht, a 5.8% increase, driven by the mobile business where revenue grew 6%. The 5G subscriber base jumped 41% to 19.7 million, with ARPU at 240 baht per month. Meanwhile, service costs fell 12% due to lower amortisation and network expenses after the end of the 2100MHz spectrum lease agreement with NT. The board approved an interim dividend of 8.69 baht per share, with the XD date on 19 August. Analysts at Kasikorn Securities noted that ADVANC stands out compared to TRUE, even though second-half growth may soften from a high base. They recommend holding ADVANC for its consistent dividends and see potential for an upward revision of the target price from the current 385.34 baht. For TRUE, they suggest waiting to accumulate after the China Mobile share sale issue is resolved, with a target price of 16.77 baht.

Impact on stocks 3

Cloud & Digital Infrastructure▲ · 2 stocks
Others▲ · 1 stocks

Off-coverage companies 1

National Telecom Public Company LimitedPrivate± Mixed
relevance

© 2026 MarketDXNews