beginning and ending total net assets (TNA) that cannot be explained by the monthly total return (r). /Then, as with an internal rate of return calculation, investor return is the constant monthly rate of
mutual funds are able to successfully time the market and that their performance is negatively related to their expenses. • Carhart (1997) documents that persistence in superior fund performance is very
ประกาศ ท่ี สน.22/2562) 2.2 การจัดตั้งและจัดการกองทุนรวมตลาดเงินท่ีก าหนดราคาหน่วยลงทุนคงท่ี (“MMF constant NAV”) (1) การย่ืนค าขออนุมัติเป็นการท่ัวไป (เพิ่มเติมวรรคสองขอ้ 16 ของประกาศ ท่ี ทน.88/2558 ซ่ึง
(“MMF constant NAV”) (1) การยื่นคำขออนุมัติเป็นการทั่วไป (เพิ่มเติมวรรคสองข้อ 16 ของประกาศ ที่ ทน.88/2558 ซึ่งแก้ไขโดยประกาศ ที่ ทน.11/2562)
period of time to affect retail industry. Thus, retail industry in 3Q17 is expected to show constant growth and arise in 4Q17. Performance Analysis Unit : MB 2Q17 2Q16 %YoY 1Q17 %QoQ 1H17 1H16 %YoY Net
share, increasing from 55.1 baht per share as of February 28, 2017. Debt to Equity ratio as of August 31, 2017 remained constant at 4.3 times. Return on Equity and Return on Asset for six month period are
within December 2017. Industry Overview In term of the retail industry in 3Q17, there has been constant low growth from the previous quarter due to the weakness in buying power especially for low-income
result of an internal restructuring. This causes the sales revenue to decrease while the production expenses remain constant, resulting in higher cost of sales than sales in third Quarter of 2020. However
recurring revenue remains constant at around 77.8% (Q3 2018: 78.2%) versus a non-recurring revenue of 22.2% (Q3 2018: 21.8%). We have a growth in non-recurring revenue in HR Solution of 17.72mb due to the
corporate and operational goals, and to launch projects in response to problems and demands in various dimension of the public on a constant basis, with concrete evaluation and reporting, for positive