. In 2018, the Thai economy has grown at a continuously solid level with a GDP expansion of approximately 4.1% YoY. The growth is attributed to a number of factors, namely 1.) strong export growth
stagnated for 85% since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the customer base and diversify its revenue streams which mitigate the risk of
starts its operation; (4) not being ordered by the Capital Market Supervisory Board or the Office to restrict its business expansion or cease its operation, or in the process of rectifying its operation by
to restrict its business expansion or cease its operation, or in the process of rectifying its operation by the order of the Capital Market Supervisory Board or the Office under Section 141, Section
of the revenue from the expansion of Baht Million 2017 2018 +/(-) +/(-) % 1. Content Business Revenue from sales of program rights 1,070.71 1,317.74 247.03 23.07% Cost of program rights 637.38 834.39
. MahaSamutr Project: The construction of MahaSamutr project – villas are 99% completed. The Company has managed to transfer a total of 5 villas and recognized a total of 256 million Baht. The remaining villas
from the expansion of business of the Company due to the increase of cost of program right which was invested during the period to support the business growth. In addition, the Company has an outstanding
, increasing by 19% y-y and 12% q-q. The increase of bad debt and doubtful accounts was mainly from the expansion of our loan portfolio. 4 - Finance Cost For the nine-month period of 2018, the Company recorded