– Higher price-earnings multiples (Barth et al., 1999) – Positive abnormal returns (Bartov et al., 2002) – Lower cost of debt (Jiang, 2008) • One can simply ask a following question: what really drives this
expand its customer base and to garner higher sales volume per station, by expanding the number of standard sized service stations to cover more areas with high potential. As of Q3/2019, the total number
foreign firms are looking to relocate production activities to and expand production in Thailand in response to trade conflicts, particularly in sectors such as electronics and automotive parts. It is also
Baht. Increased from revenue recognized which greater than milestone payment of the Group customers. The Group’s invested in property, plant and equipment, including intangible assets in order to
of positive feedback trading, buy (sell) trades are more expensive to execute (i.e., incur higher total price impact) than sell (buy) trades on bullish (bearish) markets. • “Price impact asymmetry is
LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses
media assets, which generated negative gross profit and are duplicated in the areas. This optimisation will enable MACO to gain greater efficiency on Domestic Advertising performance under management of
decreased by 8.0% because the large projects that the company has acquired have higher gross margins than those of 2019. Other income increased by 36.4%. This is because the Company received rebate promotion
good operating results, with satisfactory income and profits that are higher than expected and has increased revenue from the year 2020. In 2021, most of the company's revenue comes from large projects