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recurring income. The change in the past 3 years is as follows; Unit : Thousand Baht 1st half 2018 1st half 2017 1st half 2016 Income 85,812 31,519 4,931 Net profit 11,630 4,937 549 From year 2016, the Group

26.9% TKS 285 326 (12.5)% TBSP 33 0.5 7,182% Non-recurring profit* 92 - 100% Non-recurring profit** - 213 (100)% Non-recurring loss A) - (212) 100% Non-recurring loss B) - (24) 100% Net profit for 2019

year-end, we have a sizable order backlog for ERP implementation and good sales pipeline. The recurring and non-recurring income of HMCG : Table 3: The break down revenue by recurring & non-recurring

Solutions decreased by 9.10mb to 45.11mb (1H 2019: 54.21mb) or 16.8%. Our overall recurring revenue grew by 24.15mb or 11.0% to 243.00mb (1H 2019: 218.85mb while non-recurring revenue grew by 54,41mb

CAPITAL PUBLIC COMPANY LIMITED NFC PUBLIC COMPANY LIMITED NFORCE SECURE PUBLIC COMPANY LIMITED NGERN TID LOR PUBLIC COMPANY LIMITED NIRVANA DEVELOPMENT PUBLIC COMPANY LIMITED NOBLE DEVELOPMENT PUBLIC

-100% Gross Margin 116.33 120.29 -3% % Gross Margin 29.6% 28.5% 1% % Gross Margin (exclude non-recurring cost) 29.6% 30.4% -1% Administrative Expenses before Adj. 39.49 41.45 -5% Adj. staff benefit

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

to increase new Subscriptions licenses of Oracle ERP rather than selling a legacy Oracle on premises one. This will significantly generate a recurring income to ICE in the near future. Revenue from