The impairment loss was put at Bt1,493.77 million. “With an improving economy and the restructuring process we are going through, plus continuing efforts to hold down costs, we have strong potential for a turnaround next year,” he said. Marut also emphasised that NMG has plans for business expansion, especially on digital platforms, that will help with income diversification. Besides the two TV channels, NMG operates three daily newspapers, including The Nation, as well as printing and logistics facilities. “We are confident that we will continue to maintain our leadership in the news business,” he said.

Source: The Nation Bangkok November 15, 2017 18:20 UTC