BEC WORLD PUBLIC COMPANY LIMITED

BEC Group's advertising revenue in FY 2022 was at Baht 4,448.7 million or decreasing 8% from the year 2021, while the revenues from Global Content Licensing and Digital Platform businesses totaling amounted to Baht 656.2 million or decreasing 20.6 % from the year 2021. This was due to a Global OTT platform player have postponed the purchase of contents from the global economic slowdown. However, the Company has managed to reduce costs continuously. The cost of sales and services declined by 6% YoY to Baht 3,560.8 million, while selling and administrative expenses increased by 3.8% YoY to Baht 795.4 million from higher expenses for the use of advertising media and dramas marketing. As a result, the Company has the net profit attributable to the Company in 2022 of Baht 607 million or decreasing 20.3% from the year 2021 at Baht 761.6 million. In addition, BEC Group had a net cash from operation of Baht 2,719.6 million and Cash and Cash equivalents of Baht 3,952.2 million as ending 2022,..

Also known as: BEC Studio, Co. Ltd., BECi Corporation Co., Ltd.

Primary location: Bangkok Indonesia