costs in the six-month period ended June 30, 2017 was because in early 2016 bank cut interest rates. Net profits The Company booked net profits of Baht 31.90 million and Baht 24.02 million in the six
costs that unchanged irrespective of the revenue in the first quarter of 2017. Selling expenses The Company booked selling expenses amounting to Baht 1.15 million and Baht 3.18 million for the nine-month
and its trade partners’ retaliatory measures, bullish interest rates, and impacts of digital disruption which may adversely affect income and operating costs of certain businesses. At the same time
: Depreciation & Amortization (496.7) (10.2%) (459.6) (9.7%) +37.1 +8.1% EBIT 502.7 10.4% 454.5 9.6% +48.2 +10.6% Less: Finance Costs (53.9) (1.1%) (71.5) (1.5%) -17.6 -24.6% Less: Corporate Income Tax (93.2) (1.9
market and weakening investors’ confidence. High oil prices, rising interest rates, the outbreak of avian influenza, and concerns over inflation were among the main factors. Coupled with this uncertainty
countries. The Company’s gross profit demonstrated at 33.8% to sale value, declined from same quarter last year reported at 37.2% due to the increase in energy prices and Thai Baht appreciation against US
% comparing to the same period last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw material costs around 30.68 million baht or 4.05% comparing to the same period last
disclosing financial statements that showed profit and delayed disclosing bad news. In addition, the study found that if non-financial information or M&A decisions were revealed too early, share prices would
costs (Jones, 1991; Byard et al. 2007) • Income maximization - compensation plans (Healy, 1985; Zang, 2012; Dechow & Skinner, 2000; Cohen and Zarowin, 2010) - to avoid violation of debt covenants (Dichev
classified as Tier 2 capital which are convertible. [3] Subordinated instruments shall have the following features: 1) Having interest rates clearly specified; 2) Having payment arranged to be in