A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating
of 2.08 percent and increase in raw material cost, salary and benefits of the employees, electricity expenses, gas expense and repair and maintenance expenses. Cost of services was Baht 96.07 million
Promotion Operation Review ... 1 The effect of natural disaster on earnings management Supavinee Jevasuwan Kasetsart University SEC Working Papers Forum 19th August 2015 2 Research Question 3
% 112.68 99.26 14% Earnings before interest tax and deprecation 114.01 80.11 42% 270.02 218.00 24% % Earnings before interest tax and deprecation 29% 25% 4% 26% 24% 2% Other income /(expenses) 5.00 2.84 76
% 986.58 876.62 13% Gross margin 108.76 79.99 36% 417.39 332.84 25% % Gross margin 30% 25% 4% 30% 28% 2% Administrative expenses 40.51 38.10 6% 153.19 137.37 12% Earnings before interest, taxes and
74.85 million or 9.08 percent, due to the decrease in product sales volume of 4.58 percent and decrease in raw material cost, salary and benefits of the employees, repairs and maintenance expense and gas
increase in raw material cost, salary and benefits of the employees, electricity, gas expenses and repair and maintenance expenses. Cost of services was Baht 392.61 million, which increased from the same
increase in product sales volume of 8.15 percent and increase in raw material cost, salary and benefits of the employees, gas expenses and repair and maintenance expenses. Cost of services was Baht 216.88
sales volume of 3.55 percent and decrease in raw material cost, gas expense and repairs and maintenance expense but there were increases in salary and benefits of the employees. Cost of services was Baht
reason was employee salary increasing. Finance Cost The Company’s finance cost for the first quarter of 2018 equal to 27.8 million Baht, which was decrease 11.5 million Baht or 70.6% decrease. Net Profit