associated with a 1.3 percentage point decrease in future relative returns. Keywords: high-beta stocks, mutual fund returns, low-beta anomaly JEL Classification Code: G11, G23 25 1. Introduction For many
percent growth in Latin America. The Middle east also ranked as the lowest growth at 0. 3 percent. Furthermore, the overall passenger load factor ( PLF) was 81. 9 percent, increased 0. 5 percentage from the
lower profit contributed to shareholders of Samui Property Fund (SPF) and a decrease in percentage of ownership in SPF from 33.0 in year 2017 to 30.0 percent in year 2018. However, this was offset by a
decrease in percentage of ownership in SPF from 33.0 to 30.0 percent in first quarter 2019. Unit: million baht January-March 2019 2018 Variance Amount % WFS-PG Cargo Company Limited 87.2 86.3 0.9 1.0 Samui
decrease in percentage of ownership in SPF from 33.0 to 30.0 percent in first quarter 2019. Unit: million baht January-March 2019 2018 Variance Amount % WFS-PG Cargo Company Limited 87.2 86.3 0.9 1.0 Samui
71.93 16.05 39.39 22.83 75.73 16.64 (50.65) (70.42) Note: The ratio in the income statement is presented as a percentage of total income. The cost of sales of real estate is shown as a percentage of
The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Multimedia Group Public Company Limited and
income statement is presented as a percentage of total income. The cost of sales of real estate is shown as a percentage of revenue from the sale of real estate. Income For the three-month period of 2019
profit and loss ended June 30th, 2020 and 2019 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement Increase (Decrease
) Remark: Figures in profit and loss statement are presented in percentages to total revenues, excluding “Cost of real estate sales” that is presented in a percentage to revenue from sales of real estate