total revenue in Q4/ 2016. The slight decline in gross margin incurred due to the recognition of project with lower gross margin in this quarter. Lastly, net profit is equivalent to 21.94 million THB or
recognition of revenue in Q3/2019. Pop-Up Stores will become the Key Additional Distribution Channel in Q4/2019 As of 30 Sep 2019, there were altogether 38 operating branches in Thailand. According to the
Form 35 – HK-TH MRF : Checklist for Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand (HK-TH MRF) Application Form ซ่ึง
, increasing 111% YoY due to recognition of equipment rental from partnership with TOT since Mar- 18, partially offset by lower IC revenue. QoQ, IC and equipment rental declined 6.5% from lower IC revenue. SIM
increase of the number of Internet users; the ongoing expansion of the e-Commerce market; and the growing recognition of these media as effective advertising and marketing tools. Within the OOH media
services and others, were Bt1,155mn, increasing 83% YoY due to the recognition of CSL revenue. QoQ, other service revenues decreased 1.0%. Interconnection charge (IC) and equipment rental were Bt3,111mn
increased by 14.4% YoY, mainly due to the ongoing revenue recognition of 35 digital billboards (Please find more details on the Outdoor media segment in 3Q 2018 MACO’s management discussion and analysis http
, a decrease of 48.0% YoY or THB 122mn. The decrease was primarily from the recognition of an FX gain from revaluation of loans of the European hotel business of THB 106mn, being partially offset by
due to a full-year recognition of CSL revenue in 2018. Interconnection charge (IC) and equipment rental were Bt10,576mn, increasing 142% YoY due to full-year recognition of equipment rental incurred
determined that commission paid to obtain a customer contract should be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous