. Such leadership in embracing the SDGs and recognizing our collective responsibility is instrumental in realizing the SDGs by 2030. Copyright and Creative Commons Attribution © United Nations Development
digital billboard and revenue from creative production. THB (mn) 1Q 2017 1Q 2018 YoY (%) Operating revenue 190 290 53.1% Cost of sales 89 109 22.9% Gross profit 101 181 79.7% Selling, general
Support The National Economic and Social Development Plan no.13:Create economic value along with sustainable social development • Innovation Policy for Sustainable Development: Digital/Creative Economy link
activities in 2018, as did the year 2017. The optimal capital structure The Company had Debt to Equity ratio 0.13:1 times, higher than that of 2017, 0.11:1 times, indicating low relative proportion of debt and
-bearing debt and net gearing ratio afterwards. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt ratio. Unit: THB
Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt ratio. Unit: THB million 31 December 2018 31 December 2019 Change Cash and cash
activities decreased since the Company bought machines and equipment as needs. No net cash flows used in financing activities in 2017, as the year 2016 The optimal capital structure The Company had Debt to
result of loan repayment by net proceed received from SPRIME. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt
ratio from 1.35x to 1.39x was mainly due to dividend paid to shareholders in May 2019. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will
Development (Cont’) • The optimal debt level leads to the higher stock price. The LEV variable defines as the ratio of total debt to total asset. The expectation on its relationship with TOBINQ is positive as