MONO’s Loss Rises to ฿661Mn in 2020, Targeting 347Mn Shares of Capital Increase to PP

Mono Next Public Company Limited (MONO) has reported its yearly consolidated financial statement of 2020 through the Stock Exchange of Thailand as follows;

MONO reported a loss of 661 million baht for operating results of 2020, a loss increased by 45.3 million baht compared to the year 2019. Meanwhile recorded a net profit amounting 8.8 million baht in 4Q20, increased by 240.0 million baht compared to the same quarter of the previous year.

 

Total revenue in 2020 decreased by 491.5 million baht or 22.5% compared to the same quarter of the previous year. The reduction was mainly due to the decrease of advertising revenue by 569.0 million baht or 31.9%. Nevertheless, revenue increased by 135.7 million baht or 100% from MONOMAX and 3BB GIGATV content service.

 

The Board of Directors Meeting has approved the omission of dividend payment from 2020 operating results.

 

In addition, the meeting has approved the increase in registered capital in the amount of 34,700,000 baht, divided into 347,000,000 ordinary shares at the par value of 0.10 Baht per share on the allotment of shares under General Mandate. The 347,000,000 newly ordinary shares will be allotted via Private Placement.