, representing a decrease from the end of the previous year by Baht 1,472 Million. Significant Financial Ratios* For the first quarter of the year 2018, the Company had Net Profit Margin ratio at 18.65 percent

equivalent to 13.54% as per the method of total value of consideration; which is calculated based on the information from the reviewed 9-month period financial statements of the Company ended September 30

Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc./(Dec.) % Construction income

seen in attached. Please be informed accordingly. Yours sincerely, -Signature- (Miss Nilrat Jarumanopas) Chief Financial Officer Authorized to sign on behalf of the Company Information Memorandum on the

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended M arch 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc. / (Dec

transactions within the past 6 months, is equivalent to 16.65 percent that based on the value of total assets in consolidated financial statement ended December 31 st , 2017. This 16.65 percent transaction size

earnings before interest and taxes (EBIT) based on NEXT’s operating performance reported in the audited financial statements for the year ended December 31, 2 0 2 0 (the “Financial Statement”), and the

consecutive year 16 4. Operating Performance and Financial Position Analysis 4.1 Operating Performance KBank’s consolidated net profit for the second quarter of 2018 totaled Baht 10,917 million, slightly

segments, we focus on creating innovations and managing financial products, as well as reinforcing our sales and service quality excellence, with greater consideration of consumer protection in order to

billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid