Shin takes a kicking in the bottom line for 4Q, but annual profit gets a leg-up

TeleGeography, 23 Feb 2009

Thai communications group Shin Corp, controlled by Singapore's Temasek Holdings, has posted a net loss of THB342 million (USD10 million) in the fourth quarter of 2008 due to lower profits at its domestic mobile subsidiary Advanced Info Service (AIS) and losses from its satellite operations. The negative figure compared with a net profit of THB730 million in October-December 2007.

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Posted by singaporenewsalternative at Monday, February 23, 2009