reduce in value, although the net profits remain unchanged. Revenue from Sales The company has revenue from sales in the third quarter in the amount of 1,267.6 million Baht decreased by 12.8 percent

/2019 (3.43%). • The selling expenses of Q1/2020 is much lower due to cutting of unnecessary expenses. However, the administration expenses are almost unchanged because of fixed expenses such as salaries

patients. Administrative Expenses Administrative expenses were unchanged yoy. Earnings before interest, taxes and depreciation (“EBITDA”) EBITDA (not included other income) deteriorated by both in term of

a period-on-period basis was attributable to the Company has some fixed costs that unchanged irrespective of the revenue. Other Income The other income amounted to Baht 11.43 million and Baht 10.74

series of earnings growth. This evidence advances literature on accounting information and risk. 6 The rest of this paper is structured as follows. Section 2 discusses related previous research. Section 3

constant for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities

eleven days of Saraburi Quicklime capacity. For the rest of 2018 Golden Lime will see the full impact of the Saraburi Quicklime acquisition when the results are fully consolidated. As these revenues are

baht), which effective on June 17, 2020 for the water supply project as well as assigning the management of the Company to study information if wanting to buy the rest of the land for the project. To

limited for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities

the current price. New product have been scheduled for launching for the rest of this year. And the company has communicated the QSSC policy (Qualitvy /Standard/Service/Cleanliness) to all employee