%. The increase is in line with our expectation of demand of HR technology and services in local and overseas markets. Our order book remains strong and the sales pipe lines is healthy, especially in
surplus cash in money market products. Cost of Services Our cost of service increased by 20.30mb or 27.7% to 93.71mb (Q1 2019: 73.41mb) . The growth in cost of services was in line with the 35.2% growth in
12.26mb ( Q3 2018: 5.66mb) as a result of realized gains on investments, interest income from convertible bonds, as well as return from investing surplus cash in money market products. Cost of Services Our
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
surplus to gain on sale of the assets presented in the income statement. The transfer was, however, not complied with the accounting standards stating that the revaluation surplus has to be transferred
December 2024 remains a business day for securities companies and derivatives business operators. This adjustment aligns with the holiday schedule of financial institutions and prevents undue cost burdens on
investment amounted to THB 3,890 million; with total liabilities of THB 3,528 million; and total equities of THB 9,265 million. In this regard, the company remains strong in a financial position with low debt
Revenue from Financial Solutions contributed 45.11mb (1H 2019: 54.21mb), decreasing by 9.10mb or 16.8%. Business in the ERP segment remains soft due to the weaker market outlook. With the ability to offer
by the palm oil price situation in the country which remains low. Moreover, the domestic production capacity increased by 1.20 million litres per day from the same period of the previous year, led to
financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 10% 90% 1Q2019 41% 59% 1Q2018 444 8