Detecting Corporate’s Earnings Manipulation in Thailand Corporate Governance Attributes and Audit Report Timeliness: Mediating Role of Corporate Disclosure and Transparency and Moderating Role of
achieved strong earnings, a growth of 49% in core EBIDTA or $749 mil- lion which is on track to deliver over $1 Billion in annual EBITDA in 2017, the first time in the history of the Company. The strong
find that sufficiently high earnings persistence drives a string of earnings in the absence of a strong time trend in earnings. 6/29/2015 9 1st Question • To the extent that investors employ past
% West Feedstock 168 207 177 (5)% 186 169 10% Asia PTA 55 9 15 272% 33 18 85% Indorama Ventures 2nd Quarter 2018 MD&A 6 Asia PET business delivered strong earnings growth supported by improving industry
during 3Q18. On a YoY basis, 4Q18 production declined by 13% from 153 thousand tons in 4Q17 due to lower utilization as a result of an aging catalyst. The segment delivered strong earnings in 2018 with a
that a string reflects stronger economic grounds of a firm and that higher price-earnings multiples are rational reaction because investors really know how strong firms are. Third, the relation between
-affirmed to AA- by TRIS Industry spreads weak Management focus on cost and cash flow improvement Exceptional items adversely impacted core EBITDA Strong Thai Baht adversely impacted translated earnings 2 3Q
, Thailand. She is also an MBA graduate from University of Texas at Austin, USA. She is a very well-known personal i ty with strong background and experiences in asset management and insurance businesses where
11.49 Total Revenues 1,765.11 1,947.37 Selling & Administrative Expenses 115.05 120.12 Finance Costs 23.44 20.98 Net Profit 10.37 9.12 Earnings per share (Baht) 0.026 0.023 The company will explain the
improved on better price realization wherein around 80% of our volumes are contracted. Asia PET earnings also improved supported by higher sales into premium markets and strong global demand growth versus