Company Limited 5 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2020 made to maintain the price despite competitive pressure which remains. The engineering business while still a slight drag
increasing by 1.31mb or 6.4%. Business in the ERP segment remains soft due to the weaker market outlook. W e have been appointed by Oracle Netsuite as a reseller in the second half of 2019. This collaboration
2.48 million, remains profit on sale of investment property amount of Baht 12.21 million . 1.2.2 Revenues from reduction of defaulted interest under the Court's order amount 16.66 Baht million. On
recurring revenue remains constant at around 77.8% (Q3 2018: 78.2%) versus a non-recurring revenue of 22.2% (Q3 2018: 21.8%). We have a growth in non-recurring revenue in HR Solution of 17.72mb due to the
the company’s annual report and the SEC Form 56-1. - The SEC Form 56-1 disclosure remains unchanged. To the extent that disclosure is required pursuant to SEC Form 56-1, a company is expected to
to align their Sustainability Bonds with both the SBG and the SLBP. For the avoidance of doubt, such an approach remains at the discretion of issuers and is neither recommended nor discouraged. 3 https
Implication Our evidence shows that in emerging countries, revenue recognition remains traditionally based on the matching-revenue- expense concept. However, in developed countries, revenue recognition has
the license fee remains unpaid prior to the date on which this Ministerial Regulation comes into force." This English version is prepared by Legal Department with the sole purpose of facilitating the
the company’s annual report and the SEC Form 56-1. - The SEC Form 56-1 disclosure remains unchanged. To the extent that disclosure is required pursuant to SEC Form 56-1, a company is expected to
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with