-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
more the resources, R&D and equipment to enhance capability in production and product development. Furthermore, ESPBG’s Sales improved 7.0% over the same quarter of last year, mainly contributed by sales
of 7.55mb or 36.1%. SG&A consists of mainly indirect staff costs, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the consolidation of TigerSoft’s result
. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the
significantly by 222.5% YoY to THB 1,481mn, predominantly due to the consolidation of the acquired hotel business in Europe (Vienna House), the improving operating performance of our hotels in Thailand and the
expansion for growth in Southeast Asia. We successfully converted static billboards into digital billboards, which now cover 32 provinces in Thailand. This effort is expected to enhance our returns, generate
expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to
enhance the capability to develop new products to catch up with the technology changing and the dynamic marketing. Operating profit in Q1-19 totaling Baht 979 million or Baht 71 million down from the same
consolidation of Rabbit Group under the common control basis. 1Adjusted for share of investment in JV and associates before tax. 2As shown in financial statement, excluding minority interest. 3Net profit excluded
growing 4.1% YoY and 1% QoQ following growth in mobile postpaid segment, fixed broadband, and full-quarter consolidation of CSL. AIS kept on building brand awareness of the NEXT G network, now available in