BEC Remains in Net Loss of ฿397.2mn Due to the Decline in Advertising Income
BEC Remains in Net Loss of ฿397.2mn Due to the Decline in Advertising Income
BEC World Public Company Limited (BEC) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;
BEC reported consolidated net loss attributable to BEC World of 397.2 million baht. Total revenue of BEC Group for the year 2019 was at Baht 8,310.2 million, a decrease of 1,815.0 million baht or a 17.9% decline from year 2018 at 10,125.7 million baht, mainly affected by the decrease in advertising income, income from copyrights and other services and as well the decline in advertising income from radio business.