V2 14/05/62 0 V2 14/05/62 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the First Quarter of 2019 The Thai economy in the first quarter of 2019

-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the fourth quarter and year ended December 31, 2018 comparing operating performance and

while other non-interest income declined yoy. Overall operating expenses also declined from effective cost management when comparing to the same period last year. The Bank continued to remain prudent when

percent, was decreased by 8.2 percent. This leads to a slow growth of international tourist arrival to Thailand ( Source: Ministry of Tourism and Sports) . Furthermore, the strengthening of Thai Baht and

Report Better performance of Thai Economy in Q1/FY2019 pushed forward the market’s growth in every aspect, as well as growth of Thai GDP that led to; 1. Increase in Company’s revenue around 73.39 million

Thai Economy in Q1/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai GDP that led to; 1. Increase in Company’s sales around 77.22 million baht or 5.99% comparing to

“SORKON” and its subsidiaries (“the company”) would like to clarify the operating results for Quarter 1/2019 as follows: Revenue and Net Sales The Company recorded its total revenue of Baht 696.6 million

performance of Thai Economy in Q2/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 93.02 million baht or 6.92

August 9, 2018 Subject : Management Discussion and Analysis for six-month and 2nd quarter ended June 30, 2018 Attention : President The Stock Exchange of Thailand 1. Operating Performance . Revenues

of Thai Economy in Q3/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 92.48 million baht or 7.06