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changed in line with the same direction of the increased in revenue. When comparing Q2- 2022 to Q3- 2021, it found that the change rate of operating expenses is very similar to the change rate of revenue
management of the State Railway of Thailand, etc. The total operating expenses in Q1– 2023 decreased by 25. 3% , which was a decrease in line with the decreased revenue compared to Q4–2022, in which those
total operating expenses in Q1–2020, it decreased in line with the decreased in revenue. Comparing Q4–2019 showed that the total operating expenses in Q1–2020 have a similar decrease rate. This is because
total operating expenses in Q1–2020, it decreased in line with the decreased in revenue. Comparing Q4–2019 showed that the total operating expenses in Q1–2020 have a similar decrease rate. This is because
and decreases at the same rate as the change in revenue. In terms of the profit of the Company for Q1–2021 changed in line with the change in revenue, when compare to Q4–2020 and Q1–2020. Compare to the
and decreases at the same rate as the change in revenue. In terms of the profit of the Company for Q1–2021 changed in line with the change in revenue, when compare to Q4–2020 and Q1–2020. Compare to the
increased in line with the increased in revenue at a very similar rate when compare to Q2–2020 and Q3–2019. This is because gross margin of the delivered projects in each quarter is not different. In addition
. The revenue dropped because Jira-Khon Kaen Double-Track Railway Project and Xayaburi Hydropower Project were complete in 2019 and several projects are wrapping up, namely the Project Management, Supply