with the accounting standards established by the 13 Federation of Accounting Professions and international standards, which will better facilitate Thai companies in raising funds abroad.

Federation of Accounting Professions and international standards, which will better facilitate Thai companies in raising funds abroad.

in building recurring revenue, with the recurring revenue from HR Solutions growing by 9.78mb or 11.7% and recurring revenue from Financial Solutions increasing by 2.22mb or 16.0% . However, the growth

growing by 16.30mb or 9.7% and recurring revenue from Financial Solutions increasing by 4.77mb or 16.5% . However, the growth in recurring revenue was partially offset by the reduction in non-recurring

growing by 18.46mb or 11.1% and recurring revenue from Financial Solutions increasing by 4.82mb or 16.7% . However, the growth in recurring revenue was partially offset by the reduction in non-recurring

, comparing to the financial solution. We continue to see strong domestic demand in Thailand, customers are seeking good HR technology and catching up on the wave of HR digitalization. Increasing, more

. Meanwhile, KBank remained committed to providing advisory services on various products such as loans and those for international trade, investment, fund raising and risk management, to better suit each client

price raising of fattening pig from the previous year. Page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM) in 2019 was Baht 752.2 Million, decreased from 2018 by Baht 13.2 Million, or 1.7%, GPM

-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

) , increasing by 43.22mb or 39.8%. This increase is mainly due to consolidation of TigerSoft’s result, as well as, organic growth of existing business in HR technology and services in Thailand. In Q1 2020, we