NATION SETS TARGET FOR 2019 

Corporate December 26, 2018 01:00

By The Nation

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Nation Multimedia Group Plc expects to achieve Bt1.6 billion in total revenue next year with Bt600 million from print media and Bt1 billion from digital TV, the company’s chief executive officer, Somchai Meesen, said yesterday.



The company also expects its shareholders’ equity to turn to positive next year, before moving from non-compliance (NC) to caution (C) in 2020, he said.

The recovery follows implementation of the company’s financial restructure plan under which it disposed of non-core assets, reduced cost, and increased income from all its business units, he said.

 

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