due to relatively high competition. Selling and Administrative Expenses Selling Expenses of Q1–2018 was decreased from Q4–2017 and Q1–2017 by decreasing in the commission and employee expenses that
Company has a relatively high profit from the sale of its investment in Genesis Data Center Company Limited, causing the decreasing rate of revenue to be less than the decreasing rate in expenses. It also
the government is quite limited. The large projects delivered in the Q2–2024 such as the Construction project to renovate a deteriorated power station Bang Samak Power Station in Chachoengsao Province
-emerged and further strained tension on economy. Competition around data pricing with unlimited plan remained high and barred monetizing rise in data demand as well as stabilizing ARPU. However, mobile
, expenses for personnel compensation and purchases of goods and services. Meanwhile, capital expenditures fell as a result of the high base effect of the government's accelerated budget disbursement last year
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
higher project value. The large projects delivered in the Q1–2024 such as the Construction project to renovate a deteriorated power station Bang Samak Power Station in Chachoengsao Province of the
. The performance in Q1/2019 reflects a strong debt collection performance and a potential of non- performing debt portfolio under the Company management. As aforementioned, the Company owns a large size
from Halcyon Metal Co., Ltd. or “HM” in the six-month period of Q2/2019 had a total revenue of 31.72 million baht, decreasing 0.78 million baht, or 2.40% from the same period in 2018. Since HM had a high
extremely high volatility which included triggering the SET circuit-breaker 3 times. Each large movement also triggered a massive change in the Delta hedge position within a very short period of time. These