initiatives abroad, as well as a bullish interest rate trend. As a result, business income and costs were adversely affected. Under these circumstances, KBank put in place more stringent customer approval

Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 Recently, retail business trend is decelerate due to the

148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 Recently, retail business trend is decelerate due to the continuously

less accommodative in their monetary policies. Looking forward, global interest rates are therefore likely to be on an upward trend. Amid the trade rift which may make the global economic recovery

FINANCIAL REVIEW AND PROSPECTS A. Operating Results ผลการดําเนินงาน B. Liquidity and Capital Resources แหลงเงินทุนและสภาพคลอง C. Research & Development, Patents and License, etc. การวิจัยและพัฒนา D. Trend

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

and sustainability. • Natural gas prices continuously decreased in the second half of 2019 and has a slight downward trend in 2020. However, variou s situations remain uncertain, making it challenging

or implied, as to the accuracy or completeness of the information contained in this document or otherwise made available nor as to the reasonableness of any assumption contained herein or therein, and

assumption contained herein or therein, and any liability therein (including in respect of any direct, indirect or consequential loss or damage) is expressly disclaimed. Nothing contained herein or therein is

Offering) and the allocation of the newly issued ordinary shares to accommodate the adjustment of rights for the warrants of the Company based on the assumption that the newly issued ordinary shares offered