government projects, even during the economic crisis as a result of the pandemic of COVID-19. In Q1–2020, the company’s total revenue decreased form Q4–2019, representing a decrease of 1,049.0 MB or 46.0% and
government projects, even during the economic crisis as a result of the pandemic of COVID-19. In Q1–2020, the company’s total revenue decreased form Q4–2019, representing a decrease of 1,049.0 MB or 46.0% and
a decrease of 44.1 MB or 3.6% due to being in the effect of COVID-19. However, it considerably decreased compared to Q2–2020, representing a decrease of 542.0 MB or 31.3%. This is because in Q2–2020
establishment of the Company. In fact, the majority of the company’s revenue was revenue from sale and service. In 2019, the Company had received many large-scale projects from government agencies and state
in Chiang Rai to serve customers in the North, and 2 new stores of Homepro were opened in Malaysia, at Ipoh and Penang, which will benefit from greater economies of scale. As a result, at the end of
prevention making it possible to complete the project even more. In addition, the several large-scale projects were due for delivery in this quarter such as the Purchasing and Installation of Cloud Project of
significantly. In addition, resulting the need to postpone a large-scale project auction and there are a few SI project in the market, thus those had a higher competition, resulting gross margin was declined
increase in total Assets is from the following major changes: Cash and cash equivalent decreased by 38.3 MB, representing a decrease of 18.7% the main reason is that in the first six months of 2021, there
franchise fees (3) increased efficiency in support functions due to economy of scale that resulted in staff expense increasing slower than the company revenue growth. Zen Corporation Group Public Company
economy of scale that resulted in staff expense increasing slower than the company revenue growth. Analysis of Financial Position Assets As of 31 December 2017, and 30 September 2018, the Group had total