To break or not to break: Evidence from price discovery process of Thai stocks during the pre-opening of each trading session To break or not to break Evidence from price discovery process of Thai
quarterly income derived from sales, ended on 31 March 2019, is 28.32 million baht, caused by the subsidiary, Grace Water Mate Co., Ltd. (“GWM”), running the business of kidney cleanser and medical supplies
increase of sales volume of cleanser and medical supplies due to the Company becomes greatly known and the greater customer base expansion resulting in the net profit in accordance with the ratio of stocks
earlier, as traders switch their reserve stocks more towards the proportion of Low Sulphur Fuel Oil which has a lower price as oppose to Diesel fuel, and stocking supplies to readily cater to the market
. 15.5% over the same period of last year. Sales growth remains driven by Power Electronics business group, especially power supplies for automotive sector (Electric Vehicle Solutions) which increased from
% up from 2018; primarily from increasing in raw materials and medical supplies. The inventory turnover period was 5 days, remained the same as 2018. The Company and its subsidiaries recorded allowance
; primarily from decreasing in raw materials and medical supplies. The inventory turnover period was 5 days, remained the same as 2016. The Company and its subsidiaries recorded allowance for non-movement
, causing ship owners to avoid refueling bunker fuel oil in the Middle Eastern area, but to refuel from Singapore instead. Also, supplies in the region tightenesd as most traders have lowered their stocks of
to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of
quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during