Microsoft Word - MD&A Yearly_EN_31.12.2016_EDIT - 1 - INTEGRITY QUALITY SERVICE SAHA-UNION GROUP UNION PLASTIC PUBLIC COMPANY LIMITED 11/1 SOI SERITHAI 62, MINBURI, BANGKOK 10510 บมจ. 346 Tel. 66-2

3.4 Service Channels 13 3.5 Awards and Commendation 16 4. Operating Performance and Financial Position Analysis 17 4.1 Operating Performance 17 4.2 Financial Position Analysis 23 4.3 Loans and Deposits

across sectors and geography due to (1) a severe outbreak of the current third wave starting since the end of March 2021 which could induce the government to enforce additional partial lockdown measures

proceed from IPO in the amount of Baht 10,217 million on July 17, 2017, NOT including over-allotment proceed of Baht 1,042 million. To illustrate on the additional of net proceed from IPO of Baht 10,217

contracted to the Manila Electric Company (MERALCO) pursuant to a 20 years power supply agreement which is extendable for up to an additional 5 years. Construction works of the project was completed and its

% Net interest margin 2.33% 2.34% 2.31% (0.01)% 0.02% 2.34% 2.33% 0.01% Net fees and service income to operating income ratio 21.3% 24.1% 22.7% (2.8)% (1.4)% 22.7% 23.7% (1.0)% Expense to operating income

% 27,229 24,513 11.1% Earnings per share (Baht) 4.73 4.82 4.28 (1.8)% 10.6% 14.26 12.84 11.1% Net interest margin 2.42% 2.33% 2.30% 0.09% 0.12% 2.38% 2.32% 0.06% Net fees and service income to operating

continue to be major challenges. However, with a relatively high level of capital and the regular setting aside of additional provisions, commercial banks can still maintain an adequate cushion for NPL in

and improves engine cleaning, allowing the engine to work at maximum performance, the Company is the first and the only company to have such a product at the moment, and the number of Bangchak service

% 1,184.56 34.78% 6.84 0.58% Service 28.82 0.87% 36.14 1.06% 7.32 25.39% Revenue from Sales and Services 3,295.06 100.00% 3,405.45 100.00% 110.40 3.35% (Unit : Million Baht) (Unit : Million Baht) Page 2 of 7