results based on its audited consolidated financial statements ended 31 December 2017 as follows. Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read in

investment are main supports. The inflation rate in the first quarter of 2018 increased parallel with the domestic oil price at 0.42 percent in February and 0.79 percent in March. Moreover, there is an

2018 continued to grow from the previous quarter, corresponding with the world economy. The expanding of the exporting industry, tourism industry, and government investment are main supports. The

/2017 period, Total Consolidated Revenues of Baht 4,854.8 million, an increase of Baht 137.0 million (or 2.9%) YoY, comprising of Total Hotels Business Revenues of Baht 2,093.9 million and Total Food

position for the second quarter and the first half of 2017 with those of 2016. This report discusses principal changes in the unaudited consolidated financial statements. Overall market environment The Thai

position for the second quarter and the first half of 2017 with those of 2016. This report discusses principal changes in the audited consolidated financial statements. Overall market environment The Thai

” and making KBank the Customers’ Main Bank for all eight customer segments, we focus on creating innovations and managing financial products, as well as reinforcing our sales and service quality

Consolidated Financial Statements ended 31 December 2017, which have been audited by the Company’s authorized auditor. The company would like to clarify the operating results of the Company and its subsidiary

to the operation of the MRT Blue Line which was operated in full commercial service on March 30, 2020. The Company had revenue from main business of Baht 3,572 Million representing a decrease from the

ownership on SHR (40%) and performance of SHR included in consolidated financial statement of the Company since November 2019. SHR, the Company’s subsidiary, entered into a joint venture with Wai Eco World