free float should increase or not. Moreover, the investor could apply the relationship between free float ratio and shareholder wealth on their investment decision as the value investors. Working Paper

explain apparent valuation dislocations with an increase or decrease in GR investors. The 8 market never reaches a perfectly rational or irrational point but sways between these two extremes as market and

) Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 841.14 1,265.18 (424.04) (33.52) Cost of Goods Sold and Service 873.94 1,157.10 (283.16) (24.47) Sell and Administration

Version) Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 841.14 1,265.18 (424.04) (33.52) Cost of Goods Sold and Service 873.94 1,157.10 (283.17) (24.47) Sell and

growth contributors are also anticipated to perform better especially private investment which will be backed by vigorous export expansion and investment by public sector. Increase in money injection from

additional profits according to the operating results of WICE SG. In addition, WICE SG will help increase the number of overseas branches for the company. Which will result in even more revenue growth for the

its subsidiaries financial statement for 1st quarter ended as of March 31, 2017, which details are as following; Results Q1/2017 Q1/2016 Increase (Decrease) Million Baht Million Baht Million Baht

increase more channels to distribute the Planet’s products as well. Moreover, this disposition of the existing Planet’s ordinary shares was held by the Company at the proportion of 43% of the Planet’s total

cost increased from purchasing raw water from private source as well as the depreciation and amortization from investment to increase raw water distribution capability. Therefore; gross profit margin of

project e.g. lower cullet costs, new formulation, lower sugar costs, however, somewhat offset by cost increase from natural gas. *Net Profit = Net Profit attributable to owners of the parent Financial