associates, joint ventures and others of THB 99 million Financial Ratio The Company’s profitability remained resilient in 2017, showing improved profit margin despite uncontrollable external factors and major

578,108 578,108 0 -8-   (4) Investment in associated company The Company has entered into a joint venture agreement with Otani (s) Pte. Ltd to set up a company called “Genco Otani Company Limited”(GO) in

associates of THB 1,207.7 mm mainly due to adoption of new accounting standard (TFRS 15) reflecting Gheco-One. 5. Decrease in investments in joint ventures of THB 246.8 mm, due to capital deduction in joint

the joint-scheme with BNK 48. In addition, the new pillar for facial and skin care under the brand “Plantstory” was launched during the quarter by launching through e-commerce and some specialty stores

person of the Company. Mr. Viroj Tangjettanaporn will hold shares at 5.01 percent of the registered and paid-up capital. The joint purchase of the Company’s newly issued ordinary shares by Silom Road

joint venture in the micro-loan business, achieved a total outstanding loan balance of THB 1,529mn. The second quarter of 2018/19 (ended 30 September 2018) 3 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION

. 16% , respectively, comparing to 3Q2017 mainly from higher revenue from indirect export and selling live broilers to GFN, our joint venture. The consolidated gross profit was THB 705.91 million in

climbing to 1. 7mn. The mobile money platform under a joint venture, Rabbit LINE Pay, expanded its payment coverage to the sky train mass transit and grew monthly active users to 850,000. The enterprise

joint ventures and higher depreciation and finance costs due to the adoption of TFRS16 • Total assets as of 30 June 2020 stood at THB 64,158mn, increasing by 19.9% or THB 10,627mn from 31 December 2019

established Saha Advance Network Co., Ltd. (SAN), a joint venture with Saha Pathana Inter-Holding Plc, with investment of Bt21mn for 70% stake. SAN will provide fibre optics infrastructure service for SPI’s