against the US dollar and Euro in the period, which resulted in THB sales declining by Bt111 million (Table 1). The drop in revenue in 1Q19 was mainly pressured by a decrease in sales volume by 1% Q-o-Q and
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
to be temporary. As well, economy of developing countries in Asia still enables to be well expanded by mainly receiving supportive factors from recovery of domestic demand, which includes a direction
previous year, compared with the net profit of Baht 176.56 million in previous year. The overall increase in sales is due to the recovery of the Thai economy in 2017, driven by strong tourism, exports and
. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the
1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum