and is one of the growth drivers within the Transit media segment. Within the OOH media, Transit media revenue increased by 20.5% YoY to THB 576mn. The sharp rise in revenue growth is attributable to

Company Limited (“MACO”) Transit media revenue increased by 21.3% YoY to THB 2,262mn. The sharp rise in revenue growth is attributable to strong organic growth, price increases of static and digital media

by 19.5% YoY to THB 620mn. The sharp rise in revenue growth is attributable to a higher utilisation rate, particularly from digital media and merchandising spaces. In addition, Transit segment also

) constitutes a cornerstone of the VGI Group’s strategy and is one of the growth drivers within the Transit media segment through synergies. Transit media revenue increased by 27.7% YoY to THB 549mn. The sharp

period of the year 2016, which showed a net profit of Baht 59.06 million decrease of Baht 44.24 million or 74.91 percent, with details as follows: - The company had the revenue of Baht 719.93 million

: Management Discussion and Analysis For the year ended December 31, 2018 Summary of Performance Sales Revenue For the year ended 31 December 2017 and 2018, the Company registered total sales revenue of THB

1,249.63 million and THB 729.06 million respectively. This equals to a sharp decline of 41.66% year on year. Domestic sales revenue dropped 43.82% from the same period of the previous year due to an

recorded total sales revenue of THB 733.57 million and THB 384.43 million respectively. This equals to a sharp decline of 47.59% year on year. Domestic sales revenue dropped 46.25% from the same period of

, the Company recorded total sales revenue of THB 983.36 million and THB 557.33 million respectively. This equals to a sharp decline of 4 3.32% year on year. Domestic sales revenue dropped 43.28% from the

88.71%. Major reason for sharp decrease in Company net income is due mainly to decrease in revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising