.  Debt Quality Monitoring KBank has developed risk indicators to monitor and control asset quality, as well as credit-utilization behavior, as early warning signals to prevent deterioration in credit

investors. The key indicators and changes regarding to the operating performance and financial status are as follows: 1. Operating Performance of the Company for the second quarter ended 30 June 2017 1.1

that focuses on financial reporting process and sufficient arrangement of relevant resources. For example, attaching the Key Performance Indicators (KPIs) of company management to financial reporting

well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending

of Operating Environment 1.1 Global and Thai Economy in 2017 and Outlook for 2018 The global economy maintained its growth momentum throughout 2017. Positive signs were evident in core economies

economy, especially China, several other Asian countries and those of the European Union, showed signs of a slowdown during the second half of 2018 primarily due to concerns about the US-China trade dispute

Thai Economy in the First Quarter of 2018 The global economy showed signs of continual growth at the beginning of 2018. However, close attention should be paid to uncertainty surrounding US trade policy

maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of

Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 5 of 9 Self-Managed Hotels Indicators 2018 2019 %change Quarter 4/2018 Quarter 4/2019 %change No. of

increased by Baht 278 million, driven by profit in the period. Key Financial Performance Driven by a track record of good profits, the Company’s profitability indicators have continually improved. The