residential business of Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. Likewise, net profit jumped from increased revenues. Likewise, as for 4Q17
Service Project in Remote Area and The New Parliament Project in Information and Communication Technology. In addition, there are some large-scale projects which had just received and delivered in Q2–2019
-Speed Internet Service Project in Remote Area and the Core and Access Switch for Core Network Replacement and SDN project. Therefore, the total revenue increased while the total operation expenses and the
Company’s commercial business. In 3Q17, commercial business registered total revenues of Bt149mn, relatively flat YoY and QoQ. Likewise, on a 9-month basis, the business reported a marginal growth of 1% YoY
increased by 14% yoy in parallel with hospital revenue. However, the cost increase was at lower rate than revenue increase. Likewise, 3Q17 hospital cost increased by 18% yoy lower than revenue growth. As a
. However, the cost increase was at lower rate than revenue increase. Likewise, 4Q17 hospital cost increased by 10% yoy lower than revenue growth. As a result, gross margin improved to 30% in 2017 from 28
procurement in previous years, such as the High-Speed Internet Service Project in Remote Area and the New Parliament Project in Information and Communication Technology. In terms of total operating expenses in
-scale projects had delayed their procurement in previous years, such as the High-Speed Internet Service Project in Remote Area and the New Parliament Project in Information and Communication Technology
. Likewise, total equity stood at Bt.19,015mn, relatively unchanged from that as at the end of 2017. Capital Structure Net interest-bearing debt to equity stood at 0.61x At the initial stage of Singha Estate
sales promotion of audio and visual merchandise to meet customer demand during the FIFA World Cup 2018. Likewise, the Company rolled out activities to promote the sale of electrical appliances and cooling