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Friday, March 29, 2024

JSL blames digital disruption, Covid-19 for ‘partial business termination’

In 2019, JSL’s revenues totalled 444.4 million baht, against total expenditure of 456.9 million, a net loss of 24.8 million baht.

In the following year, when the Covid-19 pandemic struck, the company’s revenue totalled 354.7 million baht, and expenditure amounted to 361.1 million, a net loss of 22.3 million.

The company’s revenue shrank to 198.2 million baht last year, at the height of Covid-19, while its expenditure totalled 236.5 million, the net loss jumping to 57.1 million baht.

JSL was founded in November 1979 to produce programme content for Channel 5 before expanding to other TV stations, including Channel 7, PPTV and MCOT, and was also involved in the event organising business. Among its most popular programmes are “Joh Jai” variety talk show and “Tam Sanya” celebrity reality show.

In its statement, the company thanked…

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