from Salesforce For the first 3 months of 2020, revenue from subscription fee of Salesforce has increased by 7.31 THB mn or 27.21% from the first 3 months of 2019 due to the fact that businesses in

) 0.24 0.23 0.01 4% Note: Gross profit = Sales and service income – Cost of sales and services (does not include other income) 3.1. Analysis of Q4 2017 and 2016 results The key drivers of Q4 2017

and service income – Cost of sales and services (does not include other income) Q2 2018 Q2 2017 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 292.69 231.08 61.61 27

to YTD 2017: Note: Gross profit = Sales and service income – Cost of sales and services (does not include other income) Q3 2018 Q3 2017 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and

A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating

the parent) of Baht 258 million and earnings per share of Baht 0.13 for 1Q2018, an increase of 14% when compared to consolidated profits (attributable to equity holders of the parent) of Baht 226

during the past 5 months since the Phuket boat incident partly due to the exemption of visa on arrival fee which started from November 15, 2018 resulting in the number of Chinese tourist arrivals to total

fee of motorcycle coatings decreased significantly. Total Expenses: In 2Q20, the expenses were significantly decrease by 18% from same quarter of last year due to there was an adjustment of employee

trading) of Phatra Securities Plc. (PSEC) was 4.55%, decreased from 4.69% in 2017, ranking 7th from total 38 brokers. The Investment Banking business generated total revenue of Baht 822 million while fee

earnings per share of Baht 0.16 for the first quarter of the previous year. The Company would like to clarify the significant reasons for the consolidated loss for the first quarter of 2020 compared to the