VGI Public Company Limited (SET: VGI) has announced its FY2Q24/25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 2Q24 | 2Q23 |
| Net Profit (Loss) Million Baht |
78.05 | 165.88 |
| Earning Per Share (Baht) |
0.0070 | 0.0150 |
| % Change | -52.95 | |
| 6 Months | 6M24 | 6M23 |
| Net Profit (Loss) Million Baht |
140.81 | -200.57 |
| Earning Per Share (Baht) | 0.01 | -0.02 |
VGI reported services and sales revenue of THB 1,341 million, increasing by 23.7% YoY. This growth in revenue was driven by the expansion across all business sectors, including Advertising (+28.4% YoY), Digital services (+11.5% YoY) and Distribution (+33.3% YoY).
The company recorded gross profit of THB 413 million with a gross profit margin of 30.8% compared to 26.6% from the same period of last year.
Meanwhile, a share of profit from investment in JV and associates was recorded at THB 64 million, increasing by 164.7% compared to the loss recorded in FY2Q23/24.
Other income was THB 58 million, a decrease by 90% YoY due to a one-time gain from sales of Rabbit-LINE Pay Company Limited at the amount of THB 537 million in 2Q23/24.
As a result, the company reported a net profit of THB 78 million, representing a net profit margin of 5.8%.
