GLORY expands business lines Open online game Q1/66, invest 100 million baht to invest in 3-4 startups.

GLORY opens a new era, Puffer in 2566, with revenue growing 20-50%, supported by New Line Business. "Online games" are set to enter the field at the end of the 1st quarter of 66, expanding investment in 3-4 start-up companies. Platform online literature Ready to invade the international market

Mr. Charanpat Boonyang, Chief Executive Officer of Rungruang Thaworn Public Company Limited or GLORY, a developer of an online literary platform (Startup Platform Online) consisting of novels, cartoons, and books. Revealed that the direction of operations in 2566 is likely to continue to grow. The company has set a target for growth rate in 2566, with an opportunity to increase by 20-50% from the previous year 2565 from the business driving plan that has been in place since last year.

In 2566, GLORY adds a new line of business concepts (New Line Business), launching at the end of the first quarter of 1, namely the launch of online games. This will be an MMORPG (Massively Multiplayer Online Role Playing Game) or an online RPG game with a large number of players through the Mobile Application channel on both iOS and Android.

It is expected that by 2566 there will be revenue from the game at approximately 10-20 million baht, which is a Medium Case assessment.

However, the company views that the overall picture of the online gaming industry There is still a lot of opportunity for growth. Because online games are one of the entertainment activities of modern teenagers who all have mobile phones to use. and can access the game very easily

At the same time, the company is still expanding its business as planned, mainly still focusing on investment. in the Startup-SME business group in order to create opportunities for further business investment for GLORY in the future.

In 2566, GLORY has a goal of investing in 3-4 companies. The company is interested in investing. in the Media business group, Healthcare business group (business related to human health) and Tech business group (technology) which is considered a New S-curve business group that continues to grow in the future. The investment value depends on the size of the company.

In addition, the company maintains its goal that during the 3-year period (2565 - 2567), the company will invest in approximately 8-12 additional startups, with a total investment budget expected to be approximately 100-200 million baht.

The source of funds for the company There is still enough to use for investment as planned. which currently the company Having cash flow of more than 100 million baht on hand, it will be able to support expansion into investment as planned. The reason why the company sees an opportunity to invest in the Start-up group is in addition to meeting the needs of the consumer group. It also creates additional value in expanding future growth.

“After the company invested in 3 Start-up companies during the past year 2565, such as INFINITY TO INFINITY (INFINITY) operating a complete Cyber ​​Security business, DD-Twin One Company Limited (DD II) operating Healthcare & Lifestyle Business and PIXELA Official Company Limited (PIXELA) operate advertising media businesses. Create and develop a Virtual Influencer or V-Tuber.

GLORY will gradually begin to recognize revenue and profits. From returns in proportion to the shareholding of all 3 companies from the first half of 2566 onwards, which will be a part of supporting and pushing the company's operating results to meet the goals set.

As for the core business, selling literary works online, Mr. Charanpat said that in 2566 there will be continued purchasing of copyrights. Both in novels and cartoons

This year the company There will be more emphasis on marketing cartoons. From the beginning, the main emphasis was on literary fiction.

In addition, the company is also preparing to develop a platform. To prepare to expand into foreign markets. It will start with translating Thai novels. which the company has purchased the rights to in English first After that, it will be extended to other languages. As for the e-book market in Thailand, it has grown approximately 14% per year and continues to grow continuously. Therefore, it is believed that the main business will still be a growing business.

“The demand for reading online novels in Thailand continues to grow. While we ourselves do not focus on expanding the market within Thailand alone. But we also have plans to expand into overseas markets. We also have plans to expand into more cartoon groups. This adds variety to consumers. In addition, this year we will launch games, which are considered GLORY's New Line Business. Therefore, we believe that this year's operating results will be able to grow as planned. Definitely can.”