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
cash equivalents increased by Baht 15.8 million Trade receivable increased by Baht 5.8 million Inventory increased by Baht 2.5 million Investment in associate decreased by Baht 20.2 million Property
important essence detail of changing in asset, liabilities and shareholders’ equity are as follows: Assets Cash and cash equivalents decreased by Baht 12.1 million Inventory increased by Baht 12.4 million
increased from 0.74 times to 0.96, and the inventory holding period was 94 days. Cash flow received from operating activities increased from the same period of last year due to higher operating profits. Cash
increased by Baht 9.1 million Inventory decreased by Baht 15.8 million Investment in associate decreased by Baht 20.1 million Property, Plant and Equipment decreased by Baht 16.3 million 6F Thai Wah Tower1
Company used more working capital to finance inventory that increased financial cost compare to the same period last year. For overall 3rd quarter 2018 performance, the Company recorded total revenue of THB
year or increased by 61%. Therefore the Company used more working capital to finance inventory that increased financial cost of THB 728 million compare to THB 668 million at the same period last year
million, decreased from the end of 2018. The main reason was decreased in cash and cash equivalents from increased in inventory for new products to serve customer needed, Improvement the existing outlets
cost of production increased 3.08 million baht. Back up inventory deteriorated decreased 0.48 million baht. Reduced reserve price 0.03 million baht. Total cost increased 2.57 million baht. The cost of
equivalents short term loan from financial institutions decreased due to the repayment of packing credit and short term loans- letter of credit that matured during the year, inventory increased from finished