% going forward and the ratio should gradually decline as a result of cost synergies in through restructuring, in particular in digital operations. In light of tangible improvement in gross profit, VGI
in 20172, mainly due to an ongoing postponement of festivities subsequent to the mourning period over the passing of His Majesty King Bhumibol Adulyadej and the shrinkage of advertising spending in a
from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements
advertising industry reported a decline of 6.0 percent by the last year in the amount of THB 101,445 million in 2017 where mainly cause is a decline of the festivities since 2016 subsequent to the mourning
Q1/2024 Q2/2024 Q3/2024 Q4/2024 Projection 2024: 2.5% 2025: 3.0% 39 M (Projected) 50 M = million persons Economy SET Index & Forward EPS Source : Bloomberg, data as of May 2024 Source: Bloomberg
to the profit of 23.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The
baht (from 14.37 million baht in 2016 to 25.24 million baht in 2017) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward
baht to 31.98 million baht) due to an impact from fluctuation of exchange rate. However the company attempted to reduce financial risk by hedging against forward exchange contracts. 5. The Net Profit
baht to gain 38.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The performances
fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The performances decreased by 136.08 million baht (from the profit of 125.97