greatly contracted by trade impacts and the higher For three months For nine months Consolidated financial statement ended 31st December ended 31st December Oct - Dec 2019 Oct - Dec 2018 Change % Change Apr

is paid at 25 percent of the registered capital. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2020 Page 5 2. Operation performance according to consolidated financial

: Million Baht) Consolidated Financial Statements 2Q'20 2Q'19 % YTD 2020 YTD 2019 % Total Revenue 403.9 475.1 -15.0% 834.2 934.5 -10.7% Gross Profit 118.9 191.7 -38.0% 255.4 375.1 -31.9% Normalized Share of

1st half of year, the For the period of three months For the period of 1st half Consolidated financial statement ended 30th Sept ended 30th Sept July - Sept 2019 July - Sept 2018 Change % Change Apr

Company’s every effort to ameliorate its financial status, the Company still has suffered operating losses for the past several years as shown in the consolidated financial statements of the Company, which

first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the reviewed consolidated financial statements. Changes in Financial Reporting Standards The financial

-2495-1366 Website: www.kkpfg.com http://www.kiatnakin.co.th/ 2 Overall Business Operations The Bank continued to deliver solid performance during 1Q21 with the consolidated net profit of the Bank and

position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards

following details. Financial performance Statement of income Consolidated financial statements for the year 2018 2017 Change (Audited) (Audited/Restated) Increase (Decrease) THB Million % THB Million % THB

AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 181 91 90 190 102 88 199 108 91 Operating Revenue Billboard Street Furniture 2Q 2016 1Q 2017 2Q 2017 2Q 2017 CONSOLIDATED P&L SNAPSHOT