, Air Freight increased in line with higher demand. As a result, the Company's revenue from air freight increased quite high. Gross profit from air freight For the first half of 2020, it was 118.42

Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019

year by 60.56 million baht or 7.34 percent, as a result, the Group's gross profit increased by 22.75 million baht or 14.43 percent. Since in the year 2019, there are increased operating results, in

the authorities (according to the line of command) to sign on the letter notifying the result to the applicant. Remarks: (1) To ensure careful consideration, the SEC Office may consult the Advisory

of the fiscal year of 2022, the Company has total sales (turnover) increase by 23.4% y-y, with the focus on credit card business, as a result of new product launching in accordance to the

for consumption to decelerate. Government investment expanded as a result of the disbursement for mass transit and telecommunication projects, while private investment, in spite of signs of improvement

of the COVID-19 situation that affected the Company’s businesses. As a result of COVID-19 pandemic situation, the Company has strictly complied with the announcement from government sector limiting

multiplying existing shareholding percentage of each oversubscribing shareholders by the number of remaining unallotted shares will result in the number of oversubscribed shares to be allotted to each

. Operations of Support Groups 56 5.1 Human Resource Management 56 5.2 IT Management 59 6. KASIKORNBANK’s Investments in Subsidiaries and Associated Companies 61 7. Shareholder Risk Management 62 1 1. Overview