gross-of-fee level, it disappeared at net-of-fee level. • Jensen (1968) reaches conclusion that average actively managed mutual fund does not capture alpha, net of fees and expenses. • Chang and Lewellen
and excise tax rate. - OSP, as a market leader, drove energy drinks market back to growth at the rate of 5.7% in 2019, versus 0.6% last year. By using multi-brand portfolio and consumer-centric
% of global GHG emissions or 1.6 billion tonnes CO2e, primarily from open dumping and disposal in landfills without landfill gas capture systems5. Even this underestimates the sector’s potential for
. Nevertheless, the situation is getting better, so the Company expects income would be back to normal in the second half of this year. 2) Income from rendering of services through online top-up machines (Service
at the end of Q4/2019, thus the Company expects gross profit margin from sales to get back to a normal level in Q1/2020. • In Q4/2018, there were one-time reversal expenses of Baht 83.9 million from
increase accessibility to customers As the trend of grab-and-go is becoming more popular among Bangkokians. After You has been attempting to capture this changing customer pattern to gain an additional
budget allocation from conventional media such as TV, Newspaper, Magazine and Radio to other potential sectors to capture this ever changing lifestyle. Hence, it is expected that expenditure on TV sector
150,000 ridership per day. • In this quarter, MACO has installed 42 additional digital screens at Kuala Lumpur International Airport Terminal 1 and 2. These screens are well-positioned to capture more than
quarter, the Company continues to grow substantially on the back of the collaboration with newly acquired companies and the development of media portfolio to digital platforms. We once again posted
handset sales due to distribution channel lock down. Core service revenue (excluding IC and TOT partnership) was Bt32,797mn, increased 2.1% YoY and 1.4% QoQ on the back of a continuing growth in both fixed