against the undue influence of long association and high audit fee clients. Nonetheless, due to the more intense inspections of the second cycle, the following issues were identified. Business relationships
distribution in other potential countries of Africa, Americas, and APAC. For domestic market, substitute products from importers got flooded as strong Thai Baht made overall imports cheaper causing intense price
cycle (1 January 2013 - 31 December 2015), the SEC has implemented a more intense inspection program and has given greater weight to the engagement performance element from 15% during the first cycle to
continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue
Inventory Turnover 6 (times) 66.93 70.56 70.75 Average Inventory Turnover Period 7 (days) 5 5 5 Account payable Turnover 8 (times) 23.35 22.54 20.43 Average Payment Period 9 (days) 15 16 18 Cash Cycle 10
% because of intense competition in domestic market resulted the selling price increased slower than increasing in cost of goods sold. 4. Selling expenses were Baht 180.62 million, increased Baht 23.57
of how Thai taxpayers utilize tax-advantaged retirement saving vehicles Life-cycle patterns of retirement saving and implications on saving adequacy 1 Empirical evidence Two complementary perspectives
Times 6.10 Times 5.03 Times Payable Period 65 Days 58 Days 59 Days 72 Days Cash Cycle 123 Days 128 Days 113 Days 112 Days PROFITABILITY RATIO Gross Profit 49.16 % 49.20 % 48.67 % 48.92 % Operating Profit
Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries
recovery, competition for available projects are more intense. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2017 and 2016 Corporate Revenue In 2017 the Company and its