) Million baht % Total Revenues 424.76 444.51 (19.75) (4.44) Cost of Goods Sold and Services 448.36 428.19 20.17 4.71 Sales & Administration Expenses and Financial Cost and Tax Expense 20.02 22.54 (2.52

been mainly driven by improvements in tourism and industries related to the export sector. In contrast, provinces that rely on agriculture have not yet seen a clear pick-up, despite higher agricultural

Grand Rama 9, CentralFestival Chiangmai, CentralFestival EastVille, and CentralPlaza Nakhon Si Thammarat. Revenue from food center services Due to the adoption of Thai Financial Reporting Standard 15

the Consolidated Financial Statements ended 31 December 2019, which have been audited by the Company’s authorized auditor. The Company would like to clarify the operating results of the Company and its

KASIKORNBANK 10 3.3 Customer Segments and Services 11 3.4 Service Channels 15 3.5 Awards and Commendation 17 4. Operating Performance and Financial Position Analysis 18 4.1 Operating Performance 18 4.2 Financial

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction

also creating innovative products and comprehensive services in keeping with changing customer expectations regarding financial services, with ever-greater consideration of consumer protection and

Manila. Second, the impact from foreign currency translation of the financial statements as the THB appreciation against the USD and the Peso by 4% and 10%, respectively. Unit: THB mn 3Q17 3Q16 Var %Chg

previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply

of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. Commercial Banking Business including retail lending, commercial