ขายหลักทรัพย III. KEY INFORMATION A. Selected Financial Data ขอมูลท่ีสําคัญทางการเงิน B. Capitalization and Indebtedness โครงสรางเงินทุนและและภาระผูกพัน C. Reasons for the Offer and Use of Proceeds

Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2020 comparing operating performance and financial position for the

timely manner. Impact from Changes in Accounting Policy From 1 January 2020, the Group has adopted Thai Financial Reporting Standard - Financial instruments group and Thai Financial Reporting Standard No

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

district, Bangsue area, Bangkok. The purpose is to be exhibition and public relations center; to educate on Vanachai Group product knowledge, to be the Vanachai Group distribution center, and to be the

36.20 38.44 45.01 (2.68) (6.97) Selling Expenses 29.99 30.36 32.12 37.61 (2.13) (6.63) Administrative Expenses 13.87 14.04 12.80 14.99 1.07 8.36 Financial Costs 0.22 0.22 0.10 0.12 0.12 120.00 Total

. . . . . . Gross profit . . . . . . Other income . . . . . . Profit before expenses, finance cost and taxes . . . . . . Distribution costs . . . . . . Administrative expenses . . . . . . Profit before finance cost

28.91 19.72 31.27 (0.74) (3.61) Distribution costs 1.42 2.01 1.18 1.87 (0.24) (16.86) Administrative expenses 9.79 13.83 10.34 16.39 0.55 5.62 Profit before finance cost and taxes 9.25 13.07 8.20 13.00

service Selling and distribution expenses in Q2-2023 increased from Q2-2022 in the amount of 16.9 million baht, or an increase of 26.2%, mainly because in 2023, some employees from the Service department

คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 11 August 2017 Re: To clarify the financial statements as of 30 June 2017 To: President The Stock Exchange of Thailand WHA Corporation Public Company Limited (the