and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio
action. Similar risk may arise if the investor has a derivatives position, whether in his/her name or in the name of other person, where the position exceed the amount impose by the derivatives exchange
arise from such action. Similar risk may arise if the investor has a derivatives position, whether in his/her name or in the name of other person, where the position exceed the amount impose by the
, where the position exceed the amount impose by the derivatives exchange, and the investor fails to close out the derivatives position as notified by the derivatives broker. 5. Risk from being unable to
to impose sanctions or to order the CIS operator to act or refrain from acting in case there is an action which may cause damages to the interest of the investors. Yes No If “No”, please specify
to impose sanctions or to order the CIS Operator to act or refrain from acting in case there is an action which may cause damages to the interest of the investors. Yes No If “No”, please specify
to impose sanctions or to order the CIS Operator to act or refrain from acting in case there is an action which may cause damages to the interest of the investors. Yes No If “No”, please specify
) (%) 19.75% 17.67% 2.08% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by the number of treasury share GP = Gross Profit, EBITDA = Earnings before Interest, Tax
% 6.03 Earnings before interest, taxes, depreciation 63.24 42.07 50.32 Earnings before interest, taxes, depreciation margin 16.82% 13.25% 3.57 Net profit for the period 47.13 29.06 62.18 Net profit margin
81.3 (2.1) Food and Bakery Wholesales Business 768 10.5 773 10.2 (0.7) Overseas Restaurant Business 455 6.2 620 8.1 (26.6) Others 33 0.5 31 0.4 6.1 Total 7,312 100.0 7,608 100.0 (3.9) -2- Earnings before