services -140,195 -276,108 -270,738 -331,364 Administrative expenses -21,605 -50,249 -50,939 -136,871 Loss on exchange rate 0 -24,921 0 -34,163 Total expenses -161,799 -351,278 -321,677 -502,397 Profit (loss

materials during Q3/2017, therefore, COGs per revenue still increase 2% to 82%, comparing to 80% of last year. o Regarding to fierce price competing, company faced with difficult situation in price adjustment

from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment

was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold

due to perceived growth opportunities. According to Gordon’s (1962) constant growth dividend discount model (DDM), the PE ratio is positively correlated with the expected growth rate but negatively

from the announcement. Financial structure The Company emphasizes the importance of financial structure management efficiency which should be flexible in difficult circumstances and able to maintain the

same quarter last year and below the Bank of Thailand’s (BOT) target range of 1-3 percent. Core inflation was 0.13 percent, down from 0.54 percent in the same quarter last year. The average exchange rate

the risk-based argument, it is theoretically built on valuation perspective suggesting that, ceteris paribus, an increase in an earnings stream or a decrease in discount rate result in higher price. In

inventory and cost of sales, and the audit of difficult or complex transactions were among the most prevalent observations. It was noteworthy that some of those observations also shared a trait of

a QoQ basis. Operating rate for the segment was at 93%. On a YoY basis, core EBITDA increased by 20% but was lower by 14% on a QoQ mainly due to difficult market conditions temporarily influenced by