Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

general characteristics of the transaction: Vanachai Panel Industries Company Limited warehouses for one year from 1 June 2019 till 31 May 2020. The space as the place to stock the finished goods. The

of the transaction: Vanachai Panel Industries Co., Ltd. warehouses for one year from 1 June 2018 till 31 May 2019. The space as the place to stock the finished goods. The detail are follows: 3.1 Area

general characteristics of the transaction: Vanachai Panel Industries Company Limited warehouses for one year from 1 June 2020 till 31 May 2021. The space as the place to stock the finished goods. The

39.35% decrease from the last year. In 2016, sales of finished goods Dead Stock. 2. Dividend income 10.88 Million Baht This was the result of received from its subsidiaries and related parties. 3. Gain on

prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and in transit as explained above. Though the prices have continued to weaken month on month, we are now

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and

decreased by THB 109.03 due to collection from customers. • Inventories decreased by THB 141.68 million due to usage of raw material in stock and delivery of finished goods. As of December 31, 2020, total

crack spreads, as well as stock management of finished products.  Within the quarter, there was a loss from crude and product oil price hedging contract by THB 75 million, while in Q1/2018 the loss was

No. INGRS035 22nd November 2019 Subject : Notification on the Establishment of a Subsidiary Company To : The President The Stock Exchange of Thailand Ingress Industrial (Thailand) Public Company