) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher R&D expenses which had quite an impact at the beginning of the projects; and 6

Shield Account, Saving Deposit Account, Non-Fixed Deposit Account, Current Account, Fixed Deposits Account and Tax-Free deposit Account etc. 2. Loan Services The bank has divided the customers as the group

Mana Patanakarn Company Limited were higher when compared to 2016 by Baht 9.96 million. The company also had to pay special business tax and local tax, when transferred the right of ownership to the

expenses 2,060,064 1,767,737 292,327 16.5 Impairment loss on loans and debt securities 433,670 167,093 266,577 159.5 Profit from operating before income tax expenses 1,844,833 1,868,124 (23,291) (1.2) Income

operating expenses 2,060,064 1,767,737 292,327 16.5 Impairment loss on loans and debt securities 433,670 167,093 266,577 159.5 Profit from operating before income tax expenses 1,844,833 1,868,124 (23,291

1.4% Total Expenses 36.4 20.4% 37.1 20.8% 0.7 1.9% Earnings Before Interest and tax 9 5.1% 9.8 5.5% 0.8 8.9% Finance Cost 12.9 7.2% 13.3 7.5% 0.4 3.1% Management Discussion and Analysis Q1/2018 Page 2/4

shop business and employee remuneration. Earning before Tax and Interest (EBT) The Company‘s earning before tax and interest for 2018 was 23.7 million baht, a slightly decline from 2017. This was due to

million baht or 24.4 percent compared to current liabilities as of December 31, 2018. The significant change was mainly from the company paid corporate income tax for 2018 in amount of 18.5 million baht in

Loss before income tax from continuing operations (28.7) (1.6) (31.3) (10.3) 2.6 8.3 Tax income 3.0 0.2 - - 3.0 100.0 Loss for the year from continuing operations (25.7) (1.4) (31.3) (10.3) 5.6 17.9

10,194,323 9,470,459 723,864 7.6 Impairment loss on loans and debt securities 1,676,428 1,245,495 430,933 34.6 Profit from operating before income tax expenses 7,297,220 7,387,115 (89,895) (1.2) Income tax