statistically significant with a negative sign. Results : A logistic regression model 2 It is evident that when clients move to the Big 4, they pay higher audit fees, especially in 2020. Clients are more likely
continuously increased over the past few years as evident from an acceleration of its advertising expenditures by 3.6%1 YoY to THB 1,678mn in 3Q 2017, benefiting from the shift in people’s behavior to spend more
income base as evident in the financial performance in Q1. In 2020, the net profit of the Company and subsidiary companies decreases 38.03% from the same period of the previous year as the income from
being major shareholder of securities company. Clause 9 Where it is evident that any securities company has major shareholder not approved either by disqualified characters in accordance with Clause 4
, REPUBLIC OF KR HEARD ISLAND AND MCDONALD ISLANDS HM KUWAIT KW HOLY SEE VA KYRGYZSTAN KG HONDURAS HN LAO PEOPLE'S DEMOCRATIC REPUBLIC LA HONG KONG HK LATVIA LV HUNGARY HU LEBANON LB ICELAND IS LESOTHO LS
ISLAND AND MCDONALD ISLANDS HM KUWAIT KW HOLY SEE VA KYRGYZSTAN KG HONDURAS HN LAO PEOPLE'S DEMOCRATIC REPUBLIC LA HONG KONG HK LATVIA LV HUNGARY HU LEBANON LB ICELAND IS LESOTHO LS INDIA IN LIBERIA LR
GUYANA GY KOREA (DEMOCRATIC PEOPLE'S REPUBLIC OF) KP HAITI HT KOREA, REPUBLIC OF KR HEARD ISLAND AND MCDONALD ISLANDS HM KUWAIT KW HOLY SEE VA KYRGYZSTAN KG HONDURAS HN LAO PEOPLE'S DEMOCRATIC REPUBLIC LA
-margins HVA businesses, in- tegration into advantaged feedstocks in balanced markets and timely investments in key geogra- phies. As is evident in the graph alongside, earn- ings growth has accelerated
advertising industry remains sluggish as evident from the contraction of overall advertising expenditures by 11.4% YoY to 26,351mn in 2Q 2017/18. Advertising expenditures in the TV sector having the highest
improvements in sales revenue will be evident in the 3rd quarter of 2020 and this should result in much improved financial performance in the latter half of the year. Impact from Changes in Accounting Policy