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

European fixed income – trends and analysis SEC Classification : ใชภ้ายใน (Internal) - R E S P O N S I B L E I N V E S T M E N T - ESG Incorporation & Investment Strategies in Fixed Income Carmen

Excessive Charge, Service Fees for Wastewater Management 3 Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO

or returns, my central idea focuses on two alternative arguments – volatility of future earnings and economic fundamentals – determining pricing effects of a sequence of earnings growth. With regard to

restructuring, and increase in revenue from rental service due to the opening of three new retail plaza locations under our Thailand department stores segment and the first full year contributions from two

margin 17.05% 16.36% Other income 0.10 3.51 (3.41) -97.04% Selling expenses 1.41 1.78 (0.36) -20.35% Administrative expenses 27.85 22.39 5.46 24.37% Earnings before interest and tax 40.15 36.83 Finance

diversified into recurring business which could provide steady income in the long-term. During the past two years, the Company invested in the projects that generated revenue from rent and service which were (1

is success in increasing rent and service income continuously, the revenue structure will be more stable in the long term. In additional to rent and service income, the Company recorded property

exchange gain/(loss) (0.35) 0.32 -191.43% Other income 2.36 3.11 31.78% Earnings before interest and taxes 64.97 237.44 265.46% Financial expense (2.30) (2.31) 0.43% Profit before income tax expense 62.67

% Total revenue from financial solutions 120.78 25.0% 118.12 22.6% 3. Other income 3.49 0.8% 8.12 1.5% Total revenues 482.37 100.0% 523.23 100.0% Note: * Other income consist of supporting money from the