(k tons) 805 642 1,447 764 48 812 HRC Production Volume (k tons) 808 629 1,436 786 90 876 HRC Average Selling Price (THB/ton) 20,617 20,722 20,663 18,591 20,247 18,690 Year 2018 Year 2017 - Increasing

2017 - Increasing of HRC price: the average selling price of HRC in year 2018 was THB 20,663/ton, increased by 11% as compared with last year (THB 18,690/ton) according to HRC market price worldwide

margin of 51% from revenue growth, lower pressure in utility cost, as well as efficient cost management in marketing expenses. AIS reported a net profit of Bt8,146mn, increasing 35% YoY and increasing 14

showed a slow recovery reflecting a mixed trend in the indicators. On one side, a strong growth driver came from increasing tourist arrivals and lower inflation rates attributed to government subsidies

million, increasing 7.7% yoy. For Capital Market business, Fee from Asset Management business totaled Baht 201 million, an increase of 74.2% yoy from Baht 115 million from the continued growth in Asset

Management Discussion and Analysis For the second quarter and six months ended June 30, 2018 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel

Analysis (MD&A) For Q3/2018 2 - Increasing of HRC price: the average selling price of HRC in 3rd Quarter of 2018 was THB 20,715/ton, increased by 15% as compared with last year quarter (THB 18,079/ton

Rnj, (Translation) MD. 036/2020 February 26, 2020 Re: Management Discussion and Analysis For the Year Ended December 31, 2019 To: President The Stock Exchange of Thailand Management Discussion and

was Bt33,962mn, increasing 2. 5% YoY and 0. 8% QoQ, against the mid- single digit growth FY19 guidance. EBITDA stood at Bt18,906mn, flat YoY but increasing 4.6% QoQ following revenue improvement and

management for the year ended December 31, 2018 and December 31, 2017 is 854.74 million baht and 465.59 million baht, increasing by 389.15 million baht or 83.58 percent, respectively, compared to the year