Management Discussion and Analysis For the first quarter ended March 31, 2019 Kiatnakin Bank Public Company Limited Investor Relations Email: investor_relations@kiatnakin.co.th Tel. +66-2495-1366

The second quarter of 2018/19 (ended 30 September 2018) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 BUSINESS HIGHLIGHTS IN 2Q 2018/19  Revenue was THB 1,208mn, an

36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management

, Gross Profit was Bt19,586mn, increasing 24% YoY due to TTTBB consolidation. It increased 2.9% QoQ following revenue expansion, boosted by efficient cost management. Gross profit margin was 37.5

of Director’s Meeting No.4/2019 held on August 8, 2019 about the expansion of Wattanapat Samui Hospital project, increasing licensed beds from twenty nine beds to no more than 59 licensed beds

  Management Discussion and Analysis, Q1/2018 Page 1/4 JMT

Management Discussion and Analysis for the first quarter ended March 31, 2019 Attention The President The Stock Exchange of Thailand Attachment Report and interim financial statement for the first quarter

already commenced with the research and design stage. Looking forward, we will strive to enhance asset value through (i) expansion of hotels through asset-light strategy mainly via management agreement and

Management Discussion and Analysis for the year ended December 31, 2019 Attention The President The Stock Exchange of Thailand Attachment Report and financial statement for the year ended December 31, 2019

Management and Discussion Analysis FS2017 Page 1/7 Jaymart Public