The Securities and Exchange Commission, Thailand (SEC) together with the Institute of Certified Accountants and Auditors of Thailand (ICAAT) issued accounting guidelines on revenue recognition for

juristic offenders in eight cases and the total remittance of more than 50 million baht as public revenue.  Mr. Somchai Pongpattanasin, SEC Assistant Secretary?General in charge of the Enforcement Division

consolidation of the acquired hotel business in Europe. 2) Revenue from the office for rent business of Baht 38.6 million from office building in London, U.K. 3) Other revenue of Baht 82.5 million, which grew by

-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

revenue increased to 28.9% from 15.4%. The change in the composition of revenue between recurring and non-recurring income is due to the consolidation of TigerSoft’s result. Tiger’s business model is heavy

. The increase was predominantly due to the consolidation of the acquired hotel business in Europe. 2) Revenue from the office for rent business of Baht 40.9 million, which grew by Baht 31.4 million or

benefited from TTTBB enterprise revenue consolidation. Market and Competitive Environment In FY23, the Thai economy sustained modest growth, driven by private consumption and the recovering tourism sector

administration expense (“SG&A”) closed at 69.08mb (1H 2019: 48.13mb), an increase of 20.95mb or 43.5%, with SG&A% of revenue inching up to 19.4% (1H 2019: 17.6%). The consolidation of TigerSoft added 17.78mb to