Work Point Entertainment Public Company Limited (WORK) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
WORK recorded a 2Q2019 net profit of THB 72.56 million, decreasing THB 43.07 million or 37% YoY. For the 2Q2019m the total revenue (excluding other income of WORK was THB 803.61 million, decreasing THB 37.69 million or 4% YoY which shome in the total revenue of THB 841.30 million.
The change of the total revenue was mainly resulted from a decrease in revenue of television programs, concerts and plays, and employee benefit by 20%, 16%, 14% YoY, respectively.
However, WORK has earned a 2Q2019 profit from an increase in revenue of event marketing and sale of goods and rendering of other services by 156% and 200% YoY, respectively.