period last year due to a slowdown in sales in China since the end of last year. Nevertheless, the Company managed to expand its business to the Philippines to extend the customer base and diversify its

12mb in Q1 2018 which was subsequently written off in Q4 2018, the improvement in net profit should be 12.4%. 1. Revenue Structure Table 2: The break down revenue by business entities. Type of Revenue

Japan, established in 1995, one of leading real estate company in Japan with registered in first section of TSE, has operated its business into various angle including Condominiums & Houses, Hotel

12.00mb in Q1 2018 which was subsequently written off in Q4 2018, the improvement in net profit should be 12.4%. 1. Revenue Structure Table 2: The break down revenue by business entities. Type of Revenue

1,665.18 7.26% 2. Gross profit from sale (%) 29.38 30.27 (0.89%) 27.80 28.24 (0.44%) 3. Gross profit from rental and service business (%) 30.97 33.95 (2.97%) 20.53 33.96 (13.43%) 4. Gross profit from

from furniture as the core business decreased 7.59 from the previous year. That caused from the management policy of some distribution channels in domestic to enhance the efficiency of expenses. Such

Chinese. Meanwhile, level of domestic economic activities gradually increased. Consumption and investment of private sector steadily expanded consistent with the improving consumer confidence and business

13% y-y. In the third quarter of 2018, the Company’s revenues were 5,225 million baht, an increase of 548 million baht or 12%y-y. This is the result of an increase in core business revenues by 11% y-y

(net profit margin of 27.0%), an increase of 6.96mb or 9.9%. 1. Revenue Structure Table 2: The break down revenue by business entities. Type of Revenue Jan-Jun 2019 Jan-Jun 2020 Million Baht % Million

The third quarter of 2017/18 (ended 31 December 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017/18 12 FEB 2018 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising