expand our customer base for recurring revenue. For HR Solutions, we experienced a drop in non-recurring revenue as a result of booking a one-time license fee of around 12.00mb in Q1 2018 for a big project
, representing a reduction of 3.9% Q-o-Q and 17.8% Y-o-Y, while sales revenue in USD terms declined in line with Baht sales. The Q-o-Q sales drop was due mainly to a backlog of orders at the end of the quarter. In
. 82mb respectively as we continue to expand our customer base for recurring revenue. For HR Solutions, we experienced a drop in non-recurring revenue as a result of booking a one-time license fee of
respectively as we continue to expand our customer base for recurring revenue. For HR Solutions, we experienced a drop in non-recurring revenue as a result of booking a one-time license fee of around 12.00mb in
while the tourism growth decelerate from drop in arrival from Chinese visitors which was effected from the deadly Phuket boat accident. In addition the weak of Chinese Yuan against US dollar, resulting
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the same level, slightly increased. Moreover, there were major overhaul maintenance of Sriracha plant and planned maintenance of IRPC-CP, plus the drop in dividend income from Ratchaburi Power Company
variable costs in 2019 to drop as a percentage of revenue. Q4 2018 EBITDA rose considerably versus Q4 2017 and is more than double as again the positive contribution from both higher volumes and price shows
various financial instruments suitable with money and capital market environment. On a quarterly basis, CPN reported a 1% QoQ drop in total revenues. This was due to 1) lower revenues from projects under