Project of the development for train tracking system and cargo management of the State Railway of Thailand, the Project of the development of train tracking system and cargo management of the State Railway
in the process. Major projects in progress such as the Project of the development for train tracking system and cargo management of the State Railway of Thailand, the GDCC Service Expansion (VM
many large-scale projects that have been bidding by the Government at the end of year 2019, such as the D–ticket Project of State Railway of Thailand. However, the ongoing outbreak of COVID–19 in the end
information and communication technology Installation of the New Parliament Phase 2, the Project of the development of train tracking system and cargo management of the State Railway of Thailand, the GDCC
increased in line with the increased in revenue at a very similar rate when compare to Q2–2020 and Q3–2019. This is because gross margin of the delivered projects in each quarter is not different. In addition
the gross profit of the project in Q2–2021 was lower than Q1–2021 and Q2–2020. However, the revenue in Q2–2021 is very high when compared to other quarters which it can be cover all SG&A expenses. In
facilities to handle and prevent cyber threats) of Krungthai Computer Services Co. , Ltd. , the project of train tracking system -4- development and cargo management of the State Railway of Thailand, the
, the revenue recognition in Q2–2020 decreased. In terms of total operating expenses in Q2–2020, it decreased in line with the decreased in revenue at a very similar rate when compare to Q1–2020 and Q2
. The government spending would still be the crucial driver for Thai Economy, especially the investment in large transportation infrastructure projects such as Double – track railway project and sky train