recorded an increased revenue coinciding with global crude oil price, leading to increased gross profit, but saw production and sales volume decrease according to the Natural Decline Curve. There was also
affected company's results of operations include (i) coal price and gas price that continued to drop further from previous quarter resulting in lower costs of sales and (ii) COVID-19 pandemic. Based on our
Investment in Dusit Fudu Hotel Management (Shanghai) Co., Ltd. (Dusit Fudu) of Baht 4 million; 350.1% drop YoY. This huge drop was driven by a significant decrease in occupancy rate in Hotels managed by Dusit
12.1% less than last year. We had a drop of 18.17mb in the implementation revenue from our ERP division due to resource constraints which delay the delivery of the product.The dip in ERP was partially
raw materials and supply used for production of the Product ‘Screw Flight’ since it is not harvesting period yet. As of March 31, 2019 the Company and its subsidiary had a significant drop in current
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