mainly due to (1) the increase of raw material cost from both the restaurants which the company owns itself as well as franchise restaurants and (2) increased service cost of outsourced warehouse and

and (2) increased service cost of outsourced warehouse and logistics. Selling Expenses For the 9 months ending 30 September 2017 and 2018, selling expenses increased from THB 68.0 Mn to THB 81.4 Mn

%, mainly are from provision setup for contingent losses of 17.5M THB for noncomplying contract with Public Warehouse Organization (PWO). Unconsolidated financial results of 12-month ended period Unit

to slower sales in institutional sector and domestic market while export sales grew by 0.2% by strengthening distribution channels in countries beyond core markets. The Company reported gain from

from distribution fee from outsourced service provider of warehouse management and goods distribution that the company started using since September 2018 which is a total cost of 10.84 million baht

an external provider of warehouse and logistics management services, whereas the Company did not incur such expense in the corresponding period of 2018. It was also ascribed to a total increase of

position for the year 2017 with those of 2016. This report discusses principal changes in the unaudited consolidated financial statements. Overall market environment The Thai economy in 2017 showed clear

position for the year 2017 with those of 2016. This report discusses principal changes in the audited consolidated financial statements. Overall market environment The Thai economy in 2017 showed clear signs

providing seamless financial services whether in commercial banking or capital market business. All companies will use a new logo designed based on a combination of the existing logos of Kiatnakin Bank and

requirement by the Bank of Thailand with the capital adequacy ratio as of end of March 2021 at 16.75%. For Capital market business, the market share (SET and mai excluding proprietary trading) of Kiatnakin