, returns and financial statements • All stocks that listed in Thailand, active and inactive • SET + MAI • July 2001 - July 2022 • Follow Fama and French (2018) and Hou et al. (2015) for factor construction
for milk and yogurt segment and also the production cost of painting segment was higher owing to production efficiency, quality cost during the early stage of new model mass production and modification
utilisation rate, digital billboards products as well as the full quarter consolidation of Co-Mass Company Limited (“Co-Mass”) in the Outdoor media segment. Within the OOH media, Transit media revenue increased
C o n tra c to rs BTS Group has implemented its business in accordance with the sustainability strategy by synergizing the power and potentials across the 4 Business Units mainly driven by Mass
segment, the Company has aggressively expanded our media footprint through the acquisition of Multi Sign Company Limited (“Multi Sign”) and Co-Mass Company Limited (“Co-Mass”) in October 2016 and June 2017
). Introduction Audit firms’ brand value or reputation is a prominent feature in explaining the audit service market. Mass media strongly impacts the market’s perception of an audit firm’s reputation (Cowle et al
recovery in EU economy and the start of mass production of this product, resulting in a continuous sales growth since last year. However, sales of Telecom Power System (TPS) products declined 13.3% from the
stores in Bangkok continue to be affected by construction work for the mass transit system. In addition, the company has organized various promotional activities, such as the HomePro Expo during 15-24
from early stage of mass production of new products. However, the problem was resolved at the end of the last year, therefore, this year’s gross profit was better than same period of last year
Annual Report 2009 1 Annual Report 20092 Over the past year, the Thai economy experienced a recession for the first time since the Asian economic crisis in 1997. The first quarter saw a 7.1 percent contraction as a result of sluggish export in the midst of global financial crisis, diminishing demand of domestic private sector, and lack of confidence in economic and political directions. All these factors played out against a backdrop of weakening economies of our trade partners worldwide, which...