strategy was found 7.5 % while short strategy 5%. After applying total transaction costs, the arbitrage opportunities reduced sharply to 2% Empirical results Empirical results • In 2556 the arbitrage

pocketbooks and comics was of Baht 6.89 and 10.53 million increasing of 66.61% and 165.15% accordingly.  Revenue from rendering of services was Baht 1.09 million increasing of 248.14% due to sharply increased

climbed up to 20 cent/lb then dropped sharply to 14 cent/lb during last quarter of the year due to funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company

% to 24% in 1st quarter 2018. World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 13 – 14 cent/lb at the beginning of 2018 due to

of 23%. The details were as followings; Revenue decrease due to World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 13 - 14

increasing of 247.62% due to sharply increased in numbers of e-book sold. 2. Costs and expenses for the six-month period of 2020 total of Baht 52.27 million increasing of 7.04% compared to the same period of

a market price at that time. Later, steel price dropped sharply causing GSTEL and GJS to realize high losses as production cost was high while the products were sold at lower market price. To avoid

by discount the price to competitive, accordingly the gross profit margin dropped the prior about 3%. Service and cost of service Revenue from service and cost of service sharply decreased when

in year 2016 to 6,169.06MB in year 2017. The average LME zinc price during year 2017 sharply increased from 2,091USD/ton in year 2016 to 2,894USD/ton which compensated the decrease in sales volume and

previous Quarterly To: The President The Stock Exchange of Thailand As a result of the trade war, both the United States and China have pulled the world economy down sharply and may cause a recession in the