Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

Quantitative methods in accounting research A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals Sarayut Rueangsuwan Kasetsart University SEC Working Papers Forum 19th

introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we

uncertainty on price, I include the future earnings risk variable (𝐹𝐸𝑉𝐴𝑅), the interaction term between earnings per share and risk in future earnings (𝐸𝑃𝑆 × 𝐹𝐸𝑉𝐴𝑅), and the interaction term

decrease of 43 million baht or 2% compared to 2015, and earning per share (EPS) of 9.61 baht per share. The operating performance is summarized as follows; Overview Overall, the Thai economy in 2016 expanded

-17.49% Basic Earnings per Share 0.77 0.51 0.32 0.52 2.57 2.12 -17.49% In FY 2017, the Company’s total revenues amounted to 5,331,47 million baht, increased by 329.07 million baht or 6.58% comparing to the

, decreasing by Baht 14.98 million, mainly from unrealized loss from investment in listed securities due to the highly volatile market this quarter which resulted from the uncertainty of COVID-19 outbreak and

: Notification of the resolution of the BODs' Meeting No.10/2018 to approved the signing of the Share Purchase Agreement and Project Development Contract for 109.76MW solar power plant project in Vietnam by the

% Administrative expenses (9.68) (8.59) 1.09 -11.28% (30.12) (25.84) 4.28 -14.21% Profit from operating activities 26.79 11.03 (15.76) -58.83% 85.23 48.96 (36.27) -42.56% Share of gain(loss) on investments in

% and 67% of RTO firms in Singapore and Thailand use mixed mode payment involving combination of share swap with cash/warrants is indicative of incoming firm’s concern of valuation uncertainty and