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Management Discussion and Analysis For the first quarter ended March 31, 2021 (Unreviewed) Kiatnakin Phatra Bank Public Company Limited Investor Relations Email: investor_relations@kkpfg.com Tel. +66
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176.4% 109.2% Tax expense (income) Tax on profits for the period 41 58 72 75.6% 24.1% Deferred tax 8 (11) (18) n/a 63.6% Tax expense (income) 49 47 54 10.2% 14.9% B.GRIMM POWER PUBLIC COMPANY LIMITED
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