E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due
was Baht 383 million, about maintained from the same period of last year. The company continued to have well control over advertising and promotional expenses and implement synergized marketing
higher gross profit margin than 2 existing businesses. Consequently, overall gross profit margin profit has increased. Operating results classified by business are as follows: Management service Revenue
systems assets or equipment assets shall be identified and inventory of these assets should be drawn up an maintained. Such inventory shall be reviewed at least once a year or upon any material change
assets or equipment assets shall be identified and inventory of these assets should be drawn up an maintained. Such inventory shall be reviewed at least once a year or upon any material change. Clause 17
has maintained its energy drink market share at 54.0% in 2018 as per mid-term strategy guidance, according to Nielsen. However, our international business showed a decline in revenue by THB 335 million
cards, as well as various benefits offered to promote greater spending via debit card in response to government measures in the drive towards a cashless society. 3.4 Service Channels KBank maintained our
faster and with greater convenience at PTT Station and PTT Group retail stores. 3.4 Service Channels KBank maintained our commitment to developing efficiency in all our core service channels for enhanced
institutional investor under Section 3 of the Derivatives Act B.E. 2546 (2003) and the relevant Notification of the Securities and Exchange Commission concerning Additional Types of Juristic Persons Classified as