to the increase in revenue from the Food Business and Other Businesses. For 4Q19, the Company has a positive view on the food business with expectation to see continuous growth from the catering

B10 and other measures from the government to boost biodiesel consumption. According to measures to prevent the spread of COVID-19 by the government, methyl ester demand could not reach the expectation

ที่มีแรงเสียดทานต่อเศรษฐกจิ ที่ดี หรอื มี Resilience ต่อสภาวะเศรษฐกจิ ในชว่งโควิด JMART มีกลุ่มธุรกิจที่เติบโตไดด้ีมาก ทั้ง JMT และ Singer 2. Adaptive Expectation โดยผูบ้รหิารคาดการณถ์งึ การ Lock Down

. Consistent with this argument, Kasznik and McNichols (2002) find evidence that pricing effects 6 Bartov et al. (2002) also assess the consequences of expectation management and earnings management. Their

: Expectation & Reality การลงทุน…ความหวังกับความจริง” -  บทคัดย่อ ​ ​ ​ • ผลงานวิจัยเรื่อง “Thai investor clusters and their financial literacy”          -  Presentation By Arnond Sakworawich, Ph.D., Tanakorn

Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary ....................................................... Quality Assurance Review Panel ................................... Activities for Enhancing Audit Quality ............................ Summary of Audit Inspection Results A. Firm Level ............................................................ B. Engagement Level ..........................

considered a satisfactory year and is in line with the management's expectation. In the past year, the company was able to generate cash collection from the overall NPLs and NPAs management business, which are

, the ongoing trend is now more positive compared to the first half of this year. As such, the overall expectation for the Hotels Business is that average RevPAR for full year 2017 will still increase by

below-the-expectation sales in other product categories due to the strong competition and becoming another stable sources of revenue in the future. - Translation - Page 6 of 11 Gross profits margin by

expectation for the rest of FY 2019 due to ongoing weakness in IPA margin. The strength in the core businesses (Integrated PET, Fibers and Packaging) is likely to remain for the rest of 2019. Earnings from the