consolidation of TigerSoft’s result, higher rental and computer cost as we have expanded our office space, as well as, 4.14mb of exchange losses booked as a result of strengthening of Thai Baht. Net profit after
(BOT)1 summarized that the Thai economy continue to expand supported by the increasing farm household income and total nonfarm payroll income. Moreover, Consumer Confidence Index showed an uptrend when
, obligated employee benefit, deferred income tax liabilities and other non-current liabilities 5 Statement of Financial Position Working capital for business operations During the period, the Company has
). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020
attributed to the consolidation of TigerSoft’s result, higher rental and computer cost as we have expanded our office space, as well as, 2.78mb of exchange losses booked as a result of strengthening of Thai
returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019
the total revenue for the three-month period ended 31 March 2020 increased 8.70% from the same period of previous year. From the fact that the Thai Baht value depreciated against US Dollar since the
government such as travel restrictions and the closure of venues considered high-risk areas including department stores, it is expected that the Thai economy in 2020 will have a severe contraction with latest
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019
and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is