all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase
weak to nonexistent. • Barras, Scaillet, and Wermers (2010) document that 75% of funds exhibit zero alpha (net of expenses). Also, there were significant proportion of positive alpha funds prior to 1996
/DB) was as well widened, affecting crude cost to adjust upwards. From the rise in average crude oil price during this quarter there was an inventory gain of THB 450 million, and a gain from oil hedging
be cautious upon 1) Crude oil and commodity prices trend - recovering trend will aid Thailand's inflation to rise which in turn will result in rise of farm income and ease Thai Baht appreciation via
at THB 12,894 mn, an increase of 2.1% YoY. The rate of increase is lower than the growth in revenue from rent and services, courtesy of effective utility cost management. The rise in cost comes from
% YoY. The rise in cost comes from the following factors. • Utility costs, a major component (accounts for approximately 30% of cost of rent and services) for shopping mall operations, increased from the
at THB 6,717 mn, an increase of 7.3% YoY). The rise in cost is higher than the increase in revenue and comes from the following factors. • Utility costs, a major component (accounts for approximately
, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc. Residential Business As the Company’s high-rise projects – namely ‘The
together with a rise in revenues from sales of wellness and anti-aging Business Unit at Baht 128.58 million or increase of Baht 34.12 million or 26.54% in 2019 largely from sales of probiotic products such