have managed to drive productivity and delivered our services with better efficiency in the use of resources. Gross Profit As a combined result of improved revenue and reduced cost of services, we booked
and building previously used for such business. In this year, ABC sold the assets and transferred revaluation surplus to gain on sale of the assets presented in the income statement. The transfer was
services from TigerSoft, HUMAN managed to slightly lower cost of sales and services. The overall growth in cost of sales and services was in line with the 29.3% growth in sales and services revenue. Gross
insufficient budget. However, the Company expects that the Social Security Office will grant additional payment to the hospital in the scheme if the budget is surplus at the end of the year (At 1 January 2020
as mentioned above. The details of the established subsidiary company are as follows: Subsidiary Company’s Name : Gofive Company Limited Type of Business : IT Consulting, software, and managed services
administrative expenditures in this year were increased because of surplus on employee benefits obligation. The net profit in the year 2019 was 22.81 million baht and the company has total comprehensive income
from operations increased from the last year by Baht 1,347.28 million or 25.90%. We have managed to grow our asset base comfortably at around 7.6%, which is considered to be an appropriate level given
has increased by 1.25mb or 57.3% to 3.43mb (Q1 2018 : 2.18mb) as a result of better returns from our investments, as well as improvements in surplus cash management where we have invested surplus cash
our investments, as well as improvements in surplus cash management where we have invested surplus cash in money market products giving a better yield. Cost of Services While our revenue has grown 7.7
returns from our investments, as well as improvements in surplus cash management where we have invested surplus cash in money market products giving a better yield. Cost of Services While our revenue has