MCOT Reports an Increasing Net Loss of ฿457mn and Abstains from Paying Dividend
MCOT Reports an Increasing Net Loss of ฿457mn and Abstains from Paying Dividend 
MCOT Reports an Increasing Net Loss of ฿457mn and Abstains from Paying Dividend
26 ก.พ. 2563

Mcot Public Company Limited (MCOT) has reported its yearly consolidated financial statement of 2019 through the Stock Exchange of Thailand as follows;

MCOT reported a net loss of 457.47 million baht increased by 21.76% due to a record of deferred tax of 537 million baht. In 2019, MCOT’s overall revenue was amounted to 2,968 million baht, a 16% increase from 2018, partly due to reversal of loss on impairment of the licenses to operate digital terrestrial TV channels after the Solution for Television and Telecommunication Industries No. 4/2019 and the Notification on Criteria, Measures and Conditions on Compensation for Returning Digital Terrestrial Television Channel Operation Licenses of the National Broadcast and Telecommunication Commission. As a result, MCOT has returned the license to operate MCOT Family and waived payment of remaining license fee for 9 MCOT HD. While the revenue from MCOT’s traditional media business including TV and radio decreased 9%, compared to the last year.