declining of raw material price and abnormal loss in manufacturing process. 2. Cost of Refining Service in the 2nd quarter of 2015, and 2014 cost of sale was THB 8.03 million and THB 18.97 million, with ratio

any special transactions or transactions came from the abnormal operations. • There was no significant change after the date specified in the latest financial statement that may affect the financial

affected by the closures and abnormal operating hours of shopping stores due to the pandemic of COVID-19. The steep decline in the number of Chinese tourists also weighed in the plunge of skincare sales. The

– Higher price-earnings multiples (Barth et al., 1999) – Positive abnormal returns (Bartov et al., 2002) – Lower cost of debt (Jiang, 2008) • One can simply ask a following question: what really drives this

equity market investors are largely rational and employ standard valuation methods over realistic time periods during normal and abnormal market conditions. What causes markets to temporarily dislocate

333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 BUILDING BRIDGES Securities and Exchange Commission, Thailand Securities and Exchange Commission, Thailand Contact Information  This report is available for download on the SEC website: www.sec.or.th  For more information, p...

2019 was summarized below. • During the past year, there were no any special transactions or transactions came from the abnormal operations. • There was no significant change after the date specified in

, there were no any special transactions or transactions came from the abnormal operations. • There was no significant change after the date specified in the latest financial statement that may affect the

abnormal return than companies with Low ESG score or Low intangible capital ratio. High ESG score Low 𝑖𝑛𝑡_𝑐𝑎𝑝 𝑟𝑎𝑡𝑖𝑜 High ESG score High 𝑖𝑛𝑡_𝑐𝑎𝑝 𝑟𝑎𝑡𝑖𝑜 Low ESG score Low 𝑖𝑛𝑡_𝑐𝑎𝑝

the auditor not understanding the transaction recording system through the use of journal vouchers. In addition, an auditor did not separate journal vouchers into normal and abnormal transactions and