%) (18.34) 991.35% Financial Cost and Income tax expenses 4.54 0.07% (6.76) (0.12%) 11.30 167.16% Net Profit (Loss) 423.62 6.59% 488.52 8.86% (64.90) (13.29%) Earnings per share (Baht per share) 0.3239 0.3735

in a decrease in the cost-to-income ratio, which stood at 42.52 percent. KBank has set aside higher allowance for impairment loss on loans, in line with uncertainties from the ongoing economic slowdown

season and seasonal price decline of our key feedstock, butane, should further improve US MTBE demand and spreads in summer months. The demand for downstream markets of our HVA portfolio remained healthy

was mainly due to the following reasons:  Revenue from sale of goods decreased by Baht 507.5 million or 22.5% YoY. The decrease was mainly the drop in retail sales resulted from the closure of most

not been approved by its regulatory authorities or the Financial Institutions Restructuring Authority, or that is ordered to resolve its distress financial positions by way of capital decrease and

falling interest expenses. Meanwhile, non-interest income decreased Baht 1,030 million or 1.62 percent, due mainly to a decline in net insurance premiums. At the same time, operating expenses rose Baht

- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in

prices and slower decline in fresh food prices. However, inflation remained below the Bank of Thailand’s target range of 1-4 percent. Core inflation is registered at 0.49 percent, down from 0.76 percent in

2018 despite a 4.4% y-on-y decline in natural gas price in Q4’2019. Note that the natural gas price is tied to the weighted average price from PTT’s pool gas. Cost of Electricity- Vietnam • Cost of

decline of water inflow. Other Sales and Service income • Other sales and service income in Q2’2019 increased 24.3% y-on-y to Baht 184 million and in 6M’2019 decreased 26.6% y-on-y to Baht 292 million