signs of improvement in overall advertising sentiment in the remaining months of our fiscal year, we reiterate our target of THB 4,000mn in revenue in 2017/18. IMPORTANT EVENTS IN 2Q 2017/18 Transit in

gradually resolved by the second half of 2019. Given the aforementioned challenges, our net profit margin is expected to decline from double-digit to single-digit level. However, we reiterate the revenue

VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2017/18 2 AUG 2017 MANAGEMENT OUTLOOK We reiterate the 2017/18 revenue forecast for the VGI group at THB 4,000mn driven by new synergies between

stations. We therefore foresee an improved situation in our oversea markets during the second half of 2019. We reiterate a full year forecasted revenue growth rate of 30 – 35%, or in the range of THB 2,300

also benefited from geographical diversification as illustrated by our consistent outperformance when compared to Thailand auto industry. It is important to reiterate that the company possesses strong