RS Reports a Decline of 13% in 3Q19 Profit, Expecting Revenue to Rise at Year End
RS Reports a Decline of 13% in 3Q19 Profit, Expecting Revenue to Rise at Year End.
RS Reports a Decline of 13% in 3Q19 Profit, Expecting Revenue to Rise at Year End.
15 พ.ย. 2562

RS Public Company Limited (RS) reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

RS reported a net profit in the third quarter of 2019 at 92.4 million baht, dropped from the same period in the previous year by 14.2 million baht 13.4%. This was due to the reduction of revenue from multi-platform commerce (MPC) business following the overall economic slowdown. A portion of customers has been delaying their purchasing decisions. Revenue from the media business also decreased in accordance with the circumstances affecting the overall industry; however, this was offset by concert revenue in the third quarter, which continued into the fourth quarter.