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

-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

weighted in non-recurring revenue. As a result of consolidation, non-recurring revenue increased by 17.72mb or 35.5%, reversing from a dip in non-recurring revenue in previous quarters. Recurring revenue

significantly by 139.5% YoY to THB 1,791mn, predominantly due to the full quarter consolidation of the acquired hotel business in Europe (Vienna House), the consolidation of assets from the Entire Business

gross profit of 24.21mb for the 1H 2020. Excluding the impact from the consolidation of TigerSoft, HUMAN’s gross profit would grow 13.99mb or 11.1%. Selling and Administration Expense Selling and

Indonesia, which is in the process of management structure change and relocation of its office in the past year. Both companies have shown improving trends in Q3/2019. However, the subsidiaries overseas were

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

, PBSB is now a subsidiary of MACO, and the consolidation of its financial performance has also begun in this quarter. INDONESIA – GENERATING PROFIT SINCE THE FIRST COMMERCIALISATION IN APRIL 2019

) Consolidation goodwill 439 418 4.9 Property, plant and equipment 12,730 11,601 9.7 Other assets 1,970 1,097 79.7 Tota Assets 55,776 45,958 21.4 Trade and other payables 15,371 10,151 51.4 Liabilities and