Company had continuously increased its content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on

2018) 2 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 2) PAYMENT (DIGITAL SERVICES) – ROBUST USER GROWTH SUPPORTED BY STRONG BUSINESS DEVELOPMENT Rabbit LinePay  We

of Baht 16 million or 95%, comparing to Q1/2019. Net profit margin was 7.4%, increased 3.4.%. The main reasons were the growth of the sales and service income of Baht 26 million, while cost of sales

2018 to 30.98 per 1 Dollar in 2019. Nevertheless, the Company could maintain the growth rate of revenue of 8.59%. Cost of Sales and Services In 2019 and 2018, total cost of sales and services of the

AFS in total amount of 17.9 million baht or 0.12% of NTA of the Company and also approved Software Licensing Agreement between ASB Cambodia with ACSM in total amount of 737,226 baht or 0.01% of NTA of

28.4% of total revenue from sales. A higher gross margin is how the Company manage the production planning through new software and which consequently led to a higher gross margin comparing to the same

% from 32.14 in Quarter 2 2018 to 31.36 in Quarter 2 2019. Nevertheless, the Company could maintain the growth rate of revenue of 7%. The revenue in European zones decrease Baht 17 million or 21

of the market competition both of the competitor and the pricing, some project could not continue to extend the services. However, the Private sector’s customer has continued growth, both from new

, an increase of 9.9% yoy from net loss of THB 55 million in 3Q17. In 9M18, net profit was THB 170million, an increase from net loss of THB 23million in 9M17, mainly driven by the continuous growth of

Bangkok to support the hotel operations until it closes at the beginning of next year. The company reported 1Q18 net profit of THB 230 million, a growth of 85.5% yoy. Excluding nonrecurring gain, net profit