esthetics. 2. Overview of operating results in the Quarter 1’2019. From 2018 to the first quarter of 2019, the global economy still has risk factors from international political and economic tensions
V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from
decrease of 43 million baht or 2% compared to 2015, and earning per share (EPS) of 9.61 baht per share. The operating performance is summarized as follows; Overview Overall, the Thai economy in 2016 expanded
significantly affected by low advertising demand due to the prolonged impact of the COVID- 19 pandemic, which has plunged the global economy into a deep recession. Operating revenue decreased by 32.2% YoY to THB
and Risk Factors 2.1 Credit Risk Management The Thai economy recorded less-than-expected growth in line with a global slowdown. The weakness was mainly seen in major Thai economic sectors, especially
receiving replacement therapy with dialysis by dialysis machinery (Dialysis Center) and distribution of medical tools and equipment. . Overview of operating results in the Quarter /. Overall global economy
period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
the Bank of Thailand and Office of the National Economic and Social Development Board data. Thailand’s economy in the first quarter of 2023 expanded by 2.7% y-y, accelerating from 1.4% y-y growth in the
-single digit growth EBITDA Flat to slightly decline CAPEX (exclude spectrum) Approx. Bt30bn Core service revenue is expected to grow at low-single digit due to economic fluctuation. Thai economy outlook