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
shareholders’ equity 9,321 8,786 535 6% • Increase in total assets of 3% are results of increasing in value of investment in parent company of 7%. • Declining in account receivable and lower stock policy -- to
company. • Declining in account receivable and lower stock policy -- to be in lined with market condition – are main reasons of lower in Bank overdraft and short-term loan from financial institution account
% of the same period of previous year. Due to the raw material in stock was lower than the average market price. 3. Selling expenses was Baht 33.21 million which increased Baht 5.57 Million or increased
increased to 14.8% when compare to the same period of 2016 which gross profit margin was 11.73%. Due to price of the raw material in stock was lower than the average market price. 3. Selling expenses was Baht
from q-q, mainly caused by lower one - time revenues from High-Valued Document in Q1 19 of THB 56 mil and lower revenues from Stock forms & Office Paper Trading. Revenue Breakdown T.K.S. Technologies
lower stock loss. As aforementioned, the company realized net profit of THB 22 million, a decrease of 66% compare to 1Q2018. As of 31 March 2019, the company has total assets in the amount of THB 12,799
% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited
, the company recognized lower stock loss & NRV than previous quarter by THB 7 million due to slowing pace of downward trend of CPO prices. Therefore, the company had Adjusted EBITDA of ME, THB 116
market improving and lower stock loss comparing to previous period, was reported at THB 245 million. Operating performance FY17 vs. FY16 FY17 FA sales revenues was posted THB 7,813 million (up 28%yoy