fundamentals, earnings persistence, and future earnings (e.g. Lev and Thiagarajan, 1993). More specifically, when investors observe a pattern of increasing earnings, they can infer that a firm has stronger
earnings and firm value (e.g. Lev and Thiagarajan, 1993; Abarbanell and Bushee, 1997; Tomy, 2012; Yao, 2014). • If fundamental information is manifested in earnings persistence or reflects earnings growth
reason is that Thai Baht strengthen against US Dollar which the Company exports the products is the majority. Detail of Domestic and Export Sales 2018 9102 selaS tropxE ClnnSd swSSE cpxn (RKI) 354.29
reason is that Thai Baht strengthen against US Dollar which the Company exports the products is the majority. Detail of Domestic and Export Sales 2018 9102 selaS tropxE ClnnSd swSSE cpxn (RKI) 354.29
in other countries of canned sweet corn and pouched sweet corn. However, the sale price per unit decreased, the severe price competition in the market and Thai Baht strengthen. As a result revenue from
result of the continuously affected from Thai Bath strengthen to US Dollar (Which is the company's main currency), resulting in the company recognized revenue from sales of foreign currency decreased
new joint venture company by the name of Toyobo Indorama Advanced Fibers Company Limited (“TIAF”) will be formed. Toyobo has a long relationship and with IVL and this new JV will further strengthen
. 10240 Email: pariyada.s@nida.ac.th Vol.7 No.2/2013 Persistence of Equity Mutual Fund Performance in Thailand Sorasart Sukcharoensin* and Pariyada Sukcharoensin** Abstract This study investigates the
strengthen against US Dollar, and increase in cost of sales Please be informed Yours sincerely, (Ms. Sineemas Sotpiparpnukul) Chief Executive Officer Authorized Director
Persistence of Performance http://www.sec.or.th Empirical Paper Methodology Evidence Sharpe (1966) Spearman rank correlation Yes Jensen (1968) Jensen’s alpha No Grinblatt&Titman (1989,1992) Jensen’s alpha Yes