were to reduce the business risk and increase revenue from recurring business in the long- term. For the total gross profit (excluding sale of vacant land), the proportion of gross profit contributed
34.65mb (Q1 2018: 29.43mb), improving by 5.22mb or 17.7% due to a combination of reasons including an increase in recurring revenue, better returns in investments, improved gross margin and lower SG&A. T
: 49.09mb), 5.12mb or 10.4% more than the same period last year. This increase is mainly due to a pick up in ERP business. The recurring and non-recurring income: Table 3: The break down revenue by recurring
10.4% more than the same period last year. This increase is mainly due to a pick up in ERP business. The recurring and non-recurring income: Table 3: The break down revenue by recurring & non-recurring
the business risk and increase revenue from recurring business in the long- term. Real estate business of low-rise housing projects and condominium project remained the Company’ s main business. During
-recurring revenue. As a result of consolidation, non-recurring revenue increased by 37.97mb or 33.8% increase year-on-year. Recurring revenue from Financial Solutions increasing by 4.35mb or 7.0% but offset
, improving from 76.1% in 2017 to 78.4% in 2018. Both HR services and Financial services showed positive increase in proportion of recurring income as we continue to expand our customer base for recurring
would generate both revenue from condominium sale and income from rent and service. This would increase a proportion of recurring income. (3) Golf and property management business Revenue from golf and
to THB 89 million and THB 32 million respectively, due to resumption of own production and increase in Recurring Fees paid according to Financial Advisory Services Agreement. Consolidated Selling
TigerSoft which is heavily weighted towards non-recurring revenue. Consequently, TigerSoft pushed up our non-recurring revenue in HR Solution by 29.7mb to 45.09mb (Q1 2019: 15.39mb) or 193% increase year-on