Are Value Premiums Driven by Behavioral Factors? Are Value Premiums Driven by Behavioral Factors? Kanis Saengchoteα Sampan Nettayanunβ αChulalongkorn Business School βFaculty of Business, Economics
5.0% in Q3 2017 to 6.8% in Q3 2018, driven by improved efficiency and increase volume. Selling and administrative expenses were Baht 36 million lower than last year due to cost control and lower
0.9% 36 0.0% 1,879 5,286.4% Gain on disposal of entities under common control 496 0.2% - 0.0% 496 n.a. Other income(1) 14,394 7.0% 11,770 6.3% 2,624 22.3% Total revenue 206,575 100.0% 187,998 100.0
revenue for Q1 2017 grew slightly by 0.9% year-on-year, driven by good car sales in the Malaysian car dealerships and higher sales in China. These increases were partly offset by lower revenue in Thailand
decreased 84.62 million baht, or equivalent to 6.22% from the same period of previous year due to the economy that was slow down. Expenditure and government investment were insufficient for driven economy
that was explained as follows; Beverages business The beverage sales and services revenue for Q3’2018-2019 was Baht 1,799 million, increased by Baht 84 million or 4.9% from Q3’2017-2018, driven by strong
decreased 30.54 million baht, or equivalent to 9.37% from the same period of previous year due to the Thai economy that slowed down. Spending and government investment were inadequately driven economy
economy has moved on a positive trajectory and has followed a similar pattern to the previous quarter of last year. Since the second half of 2017 growth has been driven by the manufacturing sector, which
last year, driven by the Company was able to control key raw materials price and also increased the operation’s efficiency continuously. Selling Expenses Selling expenses was Baht 1,497 million decreased
from sales was -0.7% driven by 30.4% decline in OEM sales, particularly from OEM bottles as a result of major maintenance of a furnace in Ayutthaya early this year. Domestic Beverage including C-Vitt