to verify the transactions. This raised doubt whether such transactions were executed as truly intended by the clients. In addition, a certain share transfer from a client account was found to be
transactions with such clients without calling the original number or pursuing any other means to verify the transactions. This raised doubt whether such transactions were executed as truly intended by the
3,947 million, raised by THB 1,624 million or 69.9%. The change in total revenue was resulted from (i) the increase in revenue from sales of branded products by 3rd party manufacture of THB 565 million
of mobile phones. VGI continues to outperform the overall market posting significant revenue growth of 36.5% to THB 852mn, driven by the robust performance our OOH and Digital Services businesses
%, consistent with robust global economic expansion and strong growth momentum from last year. A robust global economy will support Thai merchandise exports to grow by 4 .8% annually together with the tourism
Outlook Continued robust growth of Thailand Tourism industry 2017 Thailand tourism revenue increased by 9.5% from 2016 to THB 2.75 trillion, accounted for approximately 20% of GDP, contributed by revenue
enables the Company to focus on building the most robust O2O ecosystem in Thailand and designates MACO as the international business expansion vehicle for VGI. VGI successfully acquired 23% in Kerry
(“MACO”) will be completed in 3Q 2018/19. This restructuring enables VGI to focus on building the most robust offline-to-online or online-to-offline (“O2O”) ecosystem in Thailand and designates MACO as the
mobile business and cost control In 1Q21, core service revenue was Bt32,425mn, decreasing -2%YoY but increasing 1%QoQ from rebounded mobile revenue and robust growth in fixed broadband. Continuous 5G/4G
, strongly increasing 30% YoY due to robust demand from the continuation of the work-from-home trend, with a net increase of 93k subscribers in the quarter. Although price competition remained intense as