, methods used must be done with speed, transparency, low costs with participation of all related parties.

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

ESSAY 2: AN EXAMINATION INTO BUY-SELL ASYMMETRY OF PRICE BEHAVIOR AROUND TRADES AND TRADING COSTS OF TRADES: EVIDENCES FROM TH 1 THE ASYMMETRY OF PRICE BEHAVIOR AROUND BUY AND SELL TRADES: NEW

operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all

declined because of high employee benefit expenses and utility costs last year. In 2019, the high employee benefit expenses were due to an amendment of a labour protection law that employees were entitled to

income 32 35 27 Total revenue 3,272 2,751 3,031 Cost of sales of goods 2,598 2,322 2,610 Distribution costs 195 153 179 Administrative expenses 152 180 143 Management benefit expenses 2 3 3 Net foreign

tax benefit (expenses) (1,175) 1,156 2,331 201.64 Profit (loss) for the period (55,425) (44,829) (10,596) 23.64 Other comprehensive income for the period - (474) 474 100.00 Total comprehensive income

, finance costs of Baht 0.25 million and management benefit expenses of Baht 11.30 million, DCORP’s loss before tax was Baht 19.64 million. Loss attributable to non-controlling interests and owners of the

Earnings before expenses 86.93 50.38 -7.35 -3.05 -11.10 -0.01 46.07 50.12 40.86 88.67 Administrative expenses Management benefit expenses Financial costs Income tax expense (12.68) (5.26) (19.15) (0.01

this year, totally at THB 88.7 million, increased from the prior year by THB 18.1 million or 25.6% which was mainly from employee benefit expenses which the Group has increased in management team and