Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
cash equivalents increased by Baht 15.8 million Trade receivable increased by Baht 5.8 million Inventory increased by Baht 2.5 million Investment in associate decreased by Baht 20.2 million Property
important essence detail of changing in asset, liabilities and shareholders’ equity are as follows: Assets Cash and cash equivalents decreased by Baht 12.1 million Inventory increased by Baht 12.4 million
increased from 0.74 times to 0.96, and the inventory holding period was 94 days. Cash flow received from operating activities increased from the same period of last year due to higher operating profits. Cash
equivalents short term loan from financial institutions decreased due to the repayment of packing credit and short term loans- letter of credit that matured during the year, inventory increased from finished
decreased by Baht 1.8 million - Inventory increased by Baht -0.2 million - Trade and other payable increased by Baht 0.3 million - Paid for interest of Baht -2.1 million 2. Cash flow from investing activity
Company used more working capital to finance inventory that increased financial cost compare to the same period last year. For overall 3rd quarter 2018 performance, the Company recorded total revenue of THB
year or increased by 61%. Therefore the Company used more working capital to finance inventory that increased financial cost of THB 728 million compare to THB 668 million at the same period last year
decreased by Baht 4.32 million. The inventory increased by Baht 8.96 million. The amount of loan lent to other businesses increased by Bath 5.00 million. The advance payment of shares and accrued interest
million, cash card Baht 4.75 million and account receivable Baht 4.62 million (tour and Social Security). Inventory increased Baht 1.92 million or equivalent to 9.44%, due to beauty products Baht 0.30