recurring outsourcing income. Revenues from financial solutions decreased by THB 6.26 million or 11.31% to THB 49.09 million (2017: THB 55.35 million) due to loss of accounting services contracts with high
. Revenues from Financial Solutions decreased by THB 4.77 million or 5.87% to THB 76.56 million (2017: THB 81.33 million) due to loss of accounting services contracts with high revenue but low margin in mid
. Moreover, in the “Year of Shift”, the target customers of the Company were changed from middle to lower- middle income earners to upper-middle to high income earners. New projects targeting the new group of
, followed by Asia Pacific and Latin America which accounted for 5.0 percent and 4.7 percent respectively while the Middle east had the lowest growth at 1.7 percent. For the supply side, worldwide capacity
termination of a contract with high revenue in mid-2017. Notwithstanding the lost, the impact on the gross margin is not significant as this contract has low margin. Cost and Gross margin Cost of sales and
had the highest growth at 6. 1 percent, following by Latin America and Asia Pacific, accounting for 5. 6 percent and 4. 8 percent respectively while the Middle east had the lowest growth at 1.2 percent
on middle to lower-middle income earners in order to gain cost advantage. The locations for project development are around Bangkok peripheral area and the average selling price per unit is maintained
investment decelerated after showing high growth in the fourth quarter of 2018. Even though private consumption continued to expand, growth was concentrated in only certain product categories. Likewise
recovery coupled with high oil prices since early this year may put more pressure on inflation. Against this backdrop, central banks worldwide are highly likely to adopt a more tightening stance, especially
second quarter. Meanwhile, deposits grew 1.36 percent over- quarter and 4.84 percent over-year, compared to growth of 3.03 percent at the end of the second quarter of 2019. This reflected consistently high