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
, respectively. Apart from launching new products, our product strategies also include the shaping up additional revenue stream from distribution of diversified set of 3rd party products in both food and non-food
travel restrictions which affect the number of both Thai and foreign tourists. In addition, purchasing power of consumers is thoroughly affected and this negatively impacts private consumption, although
quarter 1/2020 Baht 44.91 million was decreased of Baht 12.19 million or 21.35% from the revenues of Baht 57.10 million of the quarter 1/2019. The revenue was decreased from the contract manufacturing and
comprises of: (1) revenue from sales of residential condominium units of 6,115 million Baht (69% of total revenue), an increase of 191 million or 3% as compared to 2017 (2) revenue from Food and Beverages of
revenues, a drop of 18.45% or Baht 6,626.87 million from the prior year. Construction revenue decreased because Xayaburi Hydroelectric Power Project is now close to project completion. Cost of construction
% Amount % Amount % Q3-18 VS Q3-17 Q3-18 VS Q2-18 Sales Revenue 13,734 100.0 12,147 100.0 13,144 100.0 13.1 4.5 Gross profit 3,358 24.5 3,100 25.5 2,889 22.0 8.3 16.2 Operating profit 1,517 11.0 1,390 11.4
target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be
purchasing power of consumers in middle-low income levels decline from the economic slowdown. While the total revenue from the core business increased 0.7%QoQ, driven by higher usage amount of other services
establishing and pending promulgation of 2020 capital expenditure and 4) Consumption and investment of private sector was shorten in the meantime household purchasing power weakened from income, unemployment