BTS Group is pleased to announce that its total revenue from operations has exceeded 47.9 billion baht, with net profit growing by 30%. This strong performance is a testament to the progress in the development and construction of various electric train lines, as well as the continuous creation of innovative products under our subsidiary, VGI Global Media Public Company Limited.

          On May 31, 2019, Mr. Kavin Kanjanapas, the CEO of BTS Group Holdings Public Company Limited, stated, "This year's performance has surpassed the targets set by the company." He added, "We expect that net profit from recurring items will grow by 25% on average over the next five years. We are confident that we will see continuous growth, with Operating EBITDA expected to increase by 25% next year."

          Our advertising business continues to show outstanding performance, with VGI Global Media Public Company Limited achieving a new record high revenue of 5.158 billion baht, representing a remarkable growth of 31% from the previous year, and a net profit of 1.101 billion baht, up 30.1% from last year. In addition to strong organic growth across all business units, VGI has also expanded its net investments by over 11 billion baht, acquiring an 18.6% stake in Thailand's leading out-of-home advertising service provider, Plan B Media Public Company Limited, as well as a 23.0% stake in Kerry Express (Thailand) Limited, a leading comprehensive logistics company.

          "The strong performance and significant net profit growth have led the company's board to approve the payment of a final dividend for the fiscal year 2018/19 of up to 3.2929 billion baht, or 0.25 baht per share, totaling a dividend of no more than 5.3062 billion baht. Additionally, the board has approved the issuance of a new warrant series (BTS-W5) of up to 1.3196 billion units, allocated to existing shareholders at a ratio of 1 warrant per 10 existing shares, with an exercise price of 14.0 baht per share. The funds raised from the issuance of BTS-W5 will be used for new mass transit projects, which will further support our five-year growth targets. The dividend and BTS-W5 will be proposed for shareholder consideration at the annual general meeting on July 22," Mr. Kavin stated.

          Mr. Daniel Ross, the Director of Investment, revealed that "the total asset value of the company as of March 31, 2019, has grown by 36% over the past 12 months, making it the second highest asset growth company in the SET 50 index." He noted that this increase in asset value is a result of the development of the Pink and Yellow electric train lines, as well as the extension of the Green Line, which will triple the capacity of our BTS electric train system by 2020. Furthermore, Mr. Daniel Ross emphasized that "expanding the electric train network is our main commitment to ensure that the public can easily access public transportation, and our electric train system is also environmentally friendly."

          Additionally, the opening of the extension of the Green Line under Sukhumvit in December 2018 has reinforced BTS's position as a leader in rail transport services in Thailand. Moreover, the company was selected as a member of the Dow Jones Sustainability Index (DJSI) in the emerging markets category in September 2018.

          In line with its commitment to sustainable growth, BTS issued and offered the first "Green Bond" in Thailand under the regulations of the Securities and Exchange Commission in May 2019. The purpose of this bond issuance is to invest in environmentally friendly mass transit projects, and this bond has also been certified by the Climate Bonds Initiative (CBI). In addition to ongoing development projects, BTS continues to advance relentlessly. "This year, the company aims to be at the forefront in various areas and will efficiently utilize existing resources to seek new opportunities in both mass transit systems and other infrastructure projects. Our main mission is to lead and address the enhancement of the quality of life for urban residents in Bangkok sustainably, while also seeking opportunities to increase value and provide sustainable returns to our shareholders," Mr. Kavin Kanjanapas concluded.

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