BTS Group, 1Q 2019/20, total revenue of 9 billion baht
Jan 2, 2024 8:22:49 GMT
Post by account_disabled on Jan 2, 2024 8:22:49 GMT
BTS Group begins the first quarter of 2019/20 with outstanding performance. With total income from operations reaching 9,086 million, an increase of 5,996 million baht or 194% from the previous year. and showed net profits from recurring transactions of 1,006 million baht, growing to 534 million baht or 113% from the previous year, resulting from the progress of construction work on the rail mass transit system project as planned. including the creation of new innovative products continuously through the advertising media business platform Payment service business and transportation business Under the operations of VGI Public Company Limited, a subsidiary company Mr. Kawin Kanjanapas, President of BTS Group Holdings Public Company Limited or BTS Group, revealed that this quarter's operating results were considered another satisfactory quarter and grew beyond the target. It is predicted that BTS Group aims for.
net profit from recurring transactions over 5 years to grow on average 25% per year from laying a good foundation in the past 2 years, and we still expect to get Participate in other mass transit projects. that will be open for auction in the future Mr. Kawin said The operating results for the first quarter of 2019/20 (April - June 2019 period) marked an outstanding start to the fiscal year for the mass transit business. With WhatsApp Number List operating income of 7,208 million baht, a strong growth of 298% or 5,395 million baht from the previous year, mainly due to the recognition of income from WhatsApp Number List construction costs of the Pink and Yellow Line Projects, amounting to 4,335 million baht. Including an increase in revenue from system installation services and electric train procurement under concession contracts for the southern and northern Green Line extension projects, increasing by 444 million baht or 48% from the previous year to 1,370 million. In addition, the opening of the Southern Green Line extension project (Bearing - Kheha) for the entire line since December 2018 resulted in revenue from bus operation and maintenance services growing by 84% or 378 million baht. From the previous year it was 830 million baht. In terms of advertising media business, it has continued to produce outstanding and satisfactory results.
since the first quarter of the fiscal year. VGI Public Company Limited (VGI) was able to generate increased revenue of 25% or 274 million baht from the previous year to 1,392. million baht. The main supporting factor comes from the increase in revenue in the digital service business group. This is a result of the consolidation of the financial statements of Trans.Ad Group (a provider of integrated multimedia display systems) as well as the growth of revenue in the Rabbit Group. Net profit of the advertising media business in this quarter The amount of 304 million baht is the result of increased cooperation in terms of synergy within the VGI group. It can be seen that VGI continues to create new innovations. Through expansion into nearby businesses Using modern technology Including adjusting the presentation of unique products to offer to customers. In addition, by joining forces with PlanB to develop new products and services, VGI will increase its capabilities to support long-term growth. Mr. Kawin said, “As the government moves forward to push forward various mass transit system projects. Both in Bangkok and in the provinces is a good thing. Because it is consistent with our strategy that focuses mainly on the development of the mass transit business. We expect that the development of this business will benefit other businesses that we have, whether it is the advertising media business. real estate business and service business. In addition, from the experience and expertise we have in the rail mass transit business over the past 19 years, we are ready to expand opportunities and study feasibility to cover the mass transit system and Other infrastructure projects In order to be in line with our main mission of being a leader and answering the needs of sustainable urban living in Bangkok, we not only aim to help improve the quality of life of city people only. But we continue to look for opportunities to add value and provide sustainable returns to our shareholders.” Mr. Daniel Ross, Chief Investment Officer, provided information that the mass transit business will remain the main business for growth in both revenue and profits. And the new government continues to focus on expanding the rail mass transit network in Bangkok.
net profit from recurring transactions over 5 years to grow on average 25% per year from laying a good foundation in the past 2 years, and we still expect to get Participate in other mass transit projects. that will be open for auction in the future Mr. Kawin said The operating results for the first quarter of 2019/20 (April - June 2019 period) marked an outstanding start to the fiscal year for the mass transit business. With WhatsApp Number List operating income of 7,208 million baht, a strong growth of 298% or 5,395 million baht from the previous year, mainly due to the recognition of income from WhatsApp Number List construction costs of the Pink and Yellow Line Projects, amounting to 4,335 million baht. Including an increase in revenue from system installation services and electric train procurement under concession contracts for the southern and northern Green Line extension projects, increasing by 444 million baht or 48% from the previous year to 1,370 million. In addition, the opening of the Southern Green Line extension project (Bearing - Kheha) for the entire line since December 2018 resulted in revenue from bus operation and maintenance services growing by 84% or 378 million baht. From the previous year it was 830 million baht. In terms of advertising media business, it has continued to produce outstanding and satisfactory results.
since the first quarter of the fiscal year. VGI Public Company Limited (VGI) was able to generate increased revenue of 25% or 274 million baht from the previous year to 1,392. million baht. The main supporting factor comes from the increase in revenue in the digital service business group. This is a result of the consolidation of the financial statements of Trans.Ad Group (a provider of integrated multimedia display systems) as well as the growth of revenue in the Rabbit Group. Net profit of the advertising media business in this quarter The amount of 304 million baht is the result of increased cooperation in terms of synergy within the VGI group. It can be seen that VGI continues to create new innovations. Through expansion into nearby businesses Using modern technology Including adjusting the presentation of unique products to offer to customers. In addition, by joining forces with PlanB to develop new products and services, VGI will increase its capabilities to support long-term growth. Mr. Kawin said, “As the government moves forward to push forward various mass transit system projects. Both in Bangkok and in the provinces is a good thing. Because it is consistent with our strategy that focuses mainly on the development of the mass transit business. We expect that the development of this business will benefit other businesses that we have, whether it is the advertising media business. real estate business and service business. In addition, from the experience and expertise we have in the rail mass transit business over the past 19 years, we are ready to expand opportunities and study feasibility to cover the mass transit system and Other infrastructure projects In order to be in line with our main mission of being a leader and answering the needs of sustainable urban living in Bangkok, we not only aim to help improve the quality of life of city people only. But we continue to look for opportunities to add value and provide sustainable returns to our shareholders.” Mr. Daniel Ross, Chief Investment Officer, provided information that the mass transit business will remain the main business for growth in both revenue and profits. And the new government continues to focus on expanding the rail mass transit network in Bangkok.