PATHUMTANI, THAILAND – SVI Public Co. reported 2019 consolidated sales of THB 15 billion ($483.6 million), a decrease of 4.2% year-over-year.

Communication and Network, Industrial Control, Automotive & Transportation and Medical were key sectors contributing to sales growth in the fourth quarter.

For the year, the company recorded consolidated net income of THB 372 million ($12 million), down 53.7% from 2018. Consolidated operating profit excluding other income was THB 243 million ($7.8 million), a decrease of 65.2%.

Cash and short-term investments in 2019 were THB 2.6 billion.