of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project development and expenses related to the bidding of the projects
Company had services income from providing online advertising of THB 0.06 million, decreased by THB 0.13 million or -68.73% YoY as clients in property development sector decreased their media spending. In
million or -45.27% YoY, as clients in property development sector decreased their media spending. In addition, gross loss was THB 0.53 million as high proportion of the costs was employee-related costs
War trade crisis between USA and China which were heavy retaliate. China’s currency has weakened to lower than 7 Yuan per 1 USD that is the first time in 11 years after USA announce to increasing the
advertising space inside PTT Jiffy gas stations nationwide - In June 2018, the Company acquired 14.89% of Landy Development Company Limited (“Landy”) through its wholly- owned subsidiary, Master & More, for THB
Chief Executive Officer. During the past year, Mr. Leung has been invaluable in bringing about the integration of Offline-to-Online (“O2O”) Solutions and driving VGI’s development. Going forward under Mr
equivalents and current investments 740 15.2% 1,216 13.2% Trade & other receivables 847 17.4% 641 7.0% Investment in joint venture and associates 181 3.7% 2,130 23.2% Property, plant and equipment 931 19.1% 877
14.55% Trade and other receivables 284.01 10.98% 278.26 10.45% (5.75) (2.02%) Short-term loans to related parties 50.00 1.93% 0.00 0.00% (50.00) (100.00%) Inventories 1,232.68 47.66% 1,349.33 50.66
promissory notes to settle trade payables for purchasing goods. Unearned revenue increased by THB 10.78 million (+52.16%) as the Company received advance payment from suppliers for marketing development funds
support of investment and private spending as well as bolstering opportunities for other economic sectors. Nonetheless, protectionism triggered by the US-China trade dispute dealt a blow to global economic