business Revenue from education business increased by 2.8% yoy to THB 84 million thanks to higher academic service from Dusit Thani College. There was no revenue contribution from Dusit Thani Hotel School
expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori in the same period last year. Maygori
been mainly driven by improvements in tourism and industries related to the export sector. In contrast, provinces that rely on agriculture have not yet seen a clear pick-up, despite higher agricultural
8.66 million from adjustment of accumulated depreciation. In contrast, the Company recognized loss on goodwill impairment amount Baht 21.23 million. Revenue (12 months) For the year 2019, the company had
clarification and contain recommended practices in relation to each Principle and Sub-Principle. In contrast to a ‘comply or explain’ requirement, the ‘apply or explain’ basis intends to encourage the board to
resolved implying higher risk. In contrast, earnings realization implies a decrease in expected rate of return due to resolution of uncertainty. – Nekrasov and Shroff (2009) propose a model in which expected
reduce over-trading volumes. By contrast, KAMs concerning inventory valuation lead investors to decrease under-trading volumes. Discussion and Implication Interestingly, investors react more to neutral
𝐴𝑈𝐹𝐼𝑁𝐷𝐸𝑋𝑃𝑖𝑡 (À20= 2.490, P < 0.01) are statistically significant with a positive sign. In contrast, the coefficient of interactions among 𝐵𝐼𝐺4𝑖𝑡−1, 𝑌2020 and 𝑅𝐹𝐸𝐸𝑖𝑡 (À13= -5.438, P < 0.01) is
currency. In contrast, the Company recorded gain on exchange rate of Baht 200.65 million in the 3 rd quarter of 2017 due to the appreciation of AUD currency in relative to USD currency, resulting in the