True Corporation Pcl (TCPFF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to True Corporation's earnings disclosure for the fourth quarter and full year of 2025. My name is Noreen. I'm the head of investor relations. With us today are our group CEO, Khunsik Bey, and our co-CFO, Khun Nakul. I would also like to welcome all the analysts who have joined us in the room today and to those of you who are joining us online. Our presentation today is going to be a bit different. We will have the first segment, which will focus on the results of the fourth quarter and the full year. And we will have the second segment, which will focus on the strategy and the mid to long-term guidance that we have provided. All our presentations are available for download on our website. We will take Q&A at the end of the presentation. For those of you who are online, please raise your hand or drop your questions in the comment box. We will do a mix of questions from the room and questions online. With that, I now welcome Konsek Wei to start our presentation. Sorry. Thanks, Noreen, and good morning to all of you, our Asian colleagues, and good afternoon or whatever to the rest of the world. And good to see also several of the analysts being present here in the room. Let me take one look back before we go forward. And I'm taking a look back on 2025. And some key highlights from that year. First, 2025 was the year where we became profitable. We reported a net profit after tax for the first time in Q1 last year and continued to be a profitable company ever since. And more importantly, we declare our first dividend since the amalgamation in Q3 2025, reinforcing our commitment to disciplined capital allocation and shareholder return. Secondly, we also last year achieved a significant milestone on our network. We completed our one network integration successfully...