True Corporation reported a second-quarter 2026 net profit of 6.6 billion baht, up 222% from a year earlier, marking its sixth consecutive profitable quarter. It also approved an interim dividend of 0.15 baht per share, totalling approximately 5.2 billion baht. However, the share price came under pressure from news that China Mobile confirmed plans to sell only part of its roughly 7.81% stake in TRUE, reflecting that the market is more focused on share supply than near-term earnings, even as business fundamentals strengthened with EBITDA rising 13.5% to 283 billion baht and the debt burden falling to 3.7 times.
True Corporation Public Company LimitedNet profit surged 222% and interim dividend approved, but share price pressured by China Mobile stake sale.
China Mobile LimitedChina Mobile confirmed plans to sell part of its stake in TRUE, potentially reducing its holding value.
