year, and from the provision of employee benefit for retirement, a non-recurring item classified under administrative expenses. Excluding the non-recurring items and the performance of residential
% YoY from the same period in the previous year (YoY). Excluding the non- recurring items and the performance of residential business, total revenue increased 8.9% YoY and net profit increased 12.3% YoY
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in building recurring revenue, with the recurring revenue from HR Solutions growing by 9.78mb or 11.7% and recurring revenue from Financial Solutions increasing by 2.22mb or 16.0% . However, the growth
impacted by non-recurring items and higher financing cost. Following the adoption of Thai Financial Reporting Standard 15 (TFRS 15), CPN has amended the revenue and cost of food and beverages business
THB 325 million in correspondence to the group’s asset restructuring. Without this non-recurring gain, total revenue was THB 5,245 million, a 3.3% decrease from 2016. The decline was attributable to the