, nothing in this document should be construed as constituting legal, business, tax or financial advice. This material contains “forward-looking” statements that relate to future events, which are, by their
financial statement by adjustment in brought-forward retained earnings as at January 1, 2020. Please be informed accordingly (Mr.Monthon Chatuwallopkul) Company Secretary
forward as of January 1, 2020 in the amount of Baht 40.46 million, and cash ended as of September 30, 2020 was Baht 133.91 million. Financial Ratio Consolidated financial statement 9M/2020 9M/2019 NET
fuel costs have decreased, and our SG&A is significantly down year on year -24% as we focused on reducing costs in order to compensate the challenging market conditions. Going forward we continue to seek
baht, which was resulted from higher provision in the first quarter of 2020 with probable forward looking risk factors due to COVID-19 situation. Net profit was mainly contributed by continued growth of
completion of work carried over from 2020 have already delivered. Furthermore, the quantity of new work delivered in during nine months was less than the amount carried forward, therefore the contract assets
written- off receivables as well as the Company has also set management overlay for a hedge with probable forward looking macroeconomics factors. Net credit cost was at 5.1% increased from 4.1% in the first
costs (Tobin, 1958). Page 17/40 Mackie Mason (1988) studies on tax effects on asset values and investment decision and find that non debt tax shield e.g. the amount of tax carry forward or tax exemption
systematically profits from the imbalance. Pearson correlation coefficient between 5-day forward returns and current daily trading imbalance Conclusion • The propensity to buy at threshold prices among retail