, decreasing 1,242.06% compared to the same period last year due to discontinued of the Manufacturing and Distribution Agreement with PPG Coatings (Thailand) Co., Ltd has affected with long- term projects using

105.63 (27.27) Net Profit 59.77 87.30 (31.53) Total Revenues: For 2018, EASON recorded a 3.75% drop in revenues resulted from the lower inks sales and diminishing in production of motorcycle coatings in

and took time to validate and eventually produce, therefore the company has to import the finished goods products for serving our protective coatings market. 3. The increasing of sells and

the previous year, representing the company has sales and service income increase by 12.80 percent because of the increasing of Protective coatings sales revenue. 2. The company has a total net loss for

motorcycle coatings while half year revenues was similar to the year before. Total Expenses: In 2Q18, the expenses were lower by 7% as a result cost controlling and in line with lower revenues generated, where

production of motorcycle coatings while 9 months revenues was lower by 5%. Total Expenses: In 3Q18, the expenses were lower by 6% in accordance with revenues; while 9 months figure slightly dropped by 2

fee of motorcycle coatings decreased significantly. Total Expenses: In 2Q20, the expenses were significantly decrease by 18% from same quarter of last year due to there was an adjustment of employee

276.92 Million Baht to 333.25 Million Baht or 11.46% due to increasing revenues from contract manufacturing (OEM), construction services and revenues from industrial coatings section. 3. The increasing of

when marginal benefit of the capital investment equals its marginal cost. Myers & Majluf (1984); Fazzari et al. (1988) AGENCY FRAMEWORK Market frictions, e.g. informational asymmetry, cause moral hazard

(Purified Isophthalic Acid, for PET production, unsaturated polyester resins and coatings); NDC (Naphthalene Dicarboxylate, for optical displays and industrial/mobility uses) Packaging PET preforms and