linked to tourism and the export sector. In contrast, consumer spending in some provinces linked to the agricultural sector continued to decelerate in line with lower farm income due to the low price of

) Source: Morningstar Direct, Data as of 30 October 2015 How does the Investor Return work 5 g In contrast to total return, a fund’s investor return takes into account the fact not all of a fund’s investors

value in AUD currency. In contrast, the Company recorded gain on exchange rate of Baht 48.02 million in the 2 nd quarter of 2017 due to the appreciation of AUD currency in relative to USD currency

expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori in the same period last year. Maygori

been mainly driven by improvements in tourism and industries related to the export sector. In contrast, provinces that rely on agriculture have not yet seen a clear pick-up, despite higher agricultural

8.66 million from adjustment of accumulated depreciation. In contrast, the Company recognized loss on goodwill impairment amount Baht 21.23 million. Revenue (12 months) For the year 2019, the company had

clarification and contain recommended practices in relation to each Principle and Sub-Principle.   In contrast to a ‘comply or explain’ requirement, the ‘apply or explain’ basis intends to encourage the board to

resolved implying higher risk. In contrast, earnings realization implies a decrease in expected rate of return due to resolution of uncertainty. – Nekrasov and Shroff (2009) propose a model in which expected

reduce over-trading volumes. By contrast, KAMs concerning inventory valuation lead investors to decrease under-trading volumes. Discussion and Implication Interestingly, investors react more to neutral

𝐴𝑈𝐹𝐼𝑁𝐷𝐸𝑋𝑃𝑖𝑡 (À20= 2.490, P < 0.01) are statistically significant with a positive sign. In contrast, the coefficient of interactions among 𝐵𝐼𝐺4𝑖𝑡−1, 𝑌2020 and 𝑅𝐹𝐸𝐸𝑖𝑡 (À13= -5.438, P < 0.01) is