performance drives earnings persistence. His findings are consistent with firms with more persistent earnings are fundamentally stronger. Yao (2014) also documents that certain fundamentals – namely the
sufficiency of information provided by corporations for investors and stakeholders to make well informed decisions. In driving forward a sustainable value creation, we will continue working with Sustainable
from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements
Q1/2024 Q2/2024 Q3/2024 Q4/2024 Projection 2024: 2.5% 2025: 3.0% 39 M (Projected) 50 M = million persons Economy SET Index & Forward EPS Source : Bloomberg, data as of May 2024 Source: Bloomberg
economy remained in the doldrums, as evidenced by slowdowns in both advanced and emerging economies. Negative factors included the persistent US-China trade rift and concerns about a no-deal Brexit. Worse
to the profit of 23.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The
baht (from 14.37 million baht in 2016 to 25.24 million baht in 2017) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward
baht to 31.98 million baht) due to an impact from fluctuation of exchange rate. However the company attempted to reduce financial risk by hedging against forward exchange contracts. 5. The Net Profit
baht to gain 38.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The performances
fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The performances decreased by 136.08 million baht (from the profit of 125.97