15% and 14% yoy, respectively. In 2Q’18, the company’s gross margin was 28% of revenue in line with previous year. The unchanged gross margin of 2Q’18 was due to high revenue base of 2Q’17 following
’ equity as mentioned above. As a result, debt to equity ratio increased but remained at low level of merely 0.47x. In respect of liquidity ratio in this quarter, the ratios were almost unchanged yoy. Trade
business, the number slows down as per usual with the decent direction of property rental. Existing clients remain unchanged. The company has a plan prepared since the end of 2019 as the real estate business
the company’s annual report and the SEC Form 56-1. - The SEC Form 56-1 disclosure remains unchanged. To the extent that disclosure is required pursuant to SEC Form 56-1, a company is expected to
roughly unchanged. Robustness Checks Conclusions • An out-of-sample test of asymmetry in permanent price impacts documented from block and institutional equity trading in US. • Most importantly, show the
the company’s annual report and the SEC Form 56-1. - The SEC Form 56-1 disclosure remains unchanged. To the extent that disclosure is required pursuant to SEC Form 56-1, a company is expected to
-minded travelers with authentic local experiences in vibrant destinations worldwide. Each hotel will include thoughtfully-designed, compact rooms with high quality facilities and a vibrant communal space
its subsidiaries recorded selling expenses of Baht 204 million, quite unchanged YoY. Selling expenses to sales was 15.0%, an increase from 13.4% in Q1/2017 due to lower sales. Q1/2018 Administrative
ratio of Domestic: Export was 62:38, unchanged from the same period last year. 1,760 1,500 1,000 1,100 1,200 1,300 1,400 1,500 1,600 1,700 1,800 Q3/16 Q3/17 - 2 1 % Y o Y - 1 7 % Y o Y - 2 1 % Y o Y - 1 7
increase of service fee by 10% is also reasonable to the space and conditions of services and the fees remain unchanged for 6 years. 5 From the aforementioned, the renewal of the Service Agreement is thus