Page 137 - Annual Report 2015 - Mono Technology Public Company Limited

Revenue from media and content business comprising mobile internet, publishing and TV businesses of the Company and subsidiaries for 2015 was 1,682.88 million Baht, compared to 1,412.51 million Baht in 2014, increasing by 270.37 million Baht, or 19.14 percent. The increase of revenue mostly derives from TV advertising of the fact that a subsidiary has run business on SDTV under the name MONO29 channel. Being rated one of the top five favorite free-to-air digital TV, the channel’s popularity has been on the increase drawing attention of advertising agencies and customers to advertise their products and services via our channel. This trend is continuously growing higher.
Cost, Expense, Financial Cost and Income Tax
Revenue from entertainment business comprising music and movie businesses of the Company and subsidiaries in 2015 amounted to 210.08 million Baht, compared to 113.80 million Baht in 2014, increasing by 96.28 million Baht, or 84.60 percent. This is due to the fact that a subsidiary has imported premium movies to domestic cinemas and received warm welcome from viewers. As a result, revenue from movie business rises higher.
Other income of the Company and subsidiaries in 2015 was 32.18 million Baht, compared with 77.11 million Baht in 2014, decreasing by 44.93 million Baht or 58.27 percent, due to reduction of interest income.
Cost, expense, financial cost and income tax of the Company and subsidiaries in 2015 totaled 2,411.71 million Baht, compared to 1,615.84 million Baht in 2014, increasing by 795.87 million Baht or 49.25 percent.
Details
Cost of sales and services
Selling and servicing expenses
Administrative expenses
Total expenses
Finance cost
Income tax expenses
1,652.69
229.65
449.91
2,332.25
133.10
(53.64)
Consolidated Financial Statements
2015
2014
1,010.85
181.55
406.61
81.29
(64.46)
Increase (Decrease)
641.84
48.10
43.30
733.24
51.81
10.82
%
63.50
26.49
10.65
1,599.01
45.86
63.73
(16.79)
Total
2,411.71
1,615.84
795.87
49.25
The cost and administrative expenses increased because a subsidiary targeted to promote “MONO29” channel in a wider range through marketing events and advertising via various channels. Moreover, the Company has provided and produced premium movie contents in order to gain more customers and highlight our slogan “Free TV with the most number of Great Movies and Popular TV Series”. The subsidiary also obtained business operation costs such as license fee, network service fee and satellite service fee, all of which resulted in the rising of cost and business operation expenses.
Annual Report 2015
137