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

increased 32 MB due to the fact that the increasing of cash from stock inventory decreased in Q1/2018 - Cash flow from the investment 0.9 MB when compared with Q1/2017 increasing 0.6 MB came from fixed assets

deferred income tax reducing by Baht 7.48 million, the inventory increasing by Baht 8.68 million, the prepaid shares payment and the interest receivable increasing by Baht 53 million, the deduction of the

Baht/kg. or 20% compared to 3Q2019. Overall FY2019 compared to FY2018, crude palm oil price declined by 7% stood at 18.29 Baht/kg caused by the continuously increasing inventory to the level of 500,000

with increasing in inventory and trade accounts receivable corresponding to higher sales • Other Non-Current Assets decreased by THB 29 million mainly due to the recognition of depreciation expenses of

current assets mainly derived from the increasing in inventory of THB 582 million and partial offset with the decreasing in cash & cash in banks and other current assets whereas the decreased in non-current

increasing in inventory of THB 582 million and partial offset with the decreasing in cash & cash in banks and other current assets whereas the decreased in non-current assets mainly due to the depreciation for

Status Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 12 increased in current assets mainly derived from the increasing in inventory due to the Company has the higher stock of HRC coils

for Industrial Tool which rose up 15.5%. This was caused by the increasing demands in Asia and Europe markets following the recovery in EU economy, moreover, Computer & Networking power supplies and

on total sales and net profit either increasing or decreasing from changes of inventory at the end of period.  In Q1/2019, the Company and its subsidiaries recorded total sales of Baht 1,302 million