JKN’s Revenue from Ads and Media Services Soars 358%, Buoying Profit in 1Q to ฿95M

JKN Global Media Public Company Limited (JKN) has reported its 1Q20 financial statement through the Stock Exchange of Thailand as follows;

JKN reported a net profit of 95 million baht in 1Q20, increased 18.34% compared to a net profit of 80 million baht in 1Q19. The increase was mainly due to its higher revenue at an amount of 460.95 million baht, increased 8.70%.

For the three-month period ended March 31, 2020, JKN earned a total revenue of 460.95 million baht, an increase of 36.90 million baht or 8.70% from the same period of previous year. The total revenue of each operating segment for the three-month period ended March 31, 2020 of the company had changed from the previous period of last year as follows; (1) revenue from sales of program rights increased 1.29% (2) revenue from advertising and media services increased 358.02%.