Cafe in Hong Kong. Additionally, the company continued to seek opportunities for growth beyond Hong Kong. The Company plans to sign a franchise contract with partners in the CLMV region to open more

8.265 Land and Houses Securities Public Company Limited Overview of the Stock Exchange of Thailand After SETI had posed a sustained rise to retest its recent high at 1,454.95 in early June, Thai stocks

closing ILM Malaysia. If excluding these one-time expenses, net profit in Q4/2018 would be Baht 151.8 million. • Operating revenue continued to show growth of 3.0% compared to Q4/2018, with key

Analysis for the Year ended 31 December 2017 Page 4/21 Overview of Economy and Competition in Commercial Banking In 2017, the Thai economy continued to gain further traction underpinned by an accelerated

for the year 2017 decreased to 2.3% from 2.5% yoy attributed by the Bank’s continued effort on cost management. For the year ended Consolidated Change Dec 31, 2017 Dec 31, 2016 Baht million % Interest

company world-wide. We continued to strengthen our Corporate Governance capabilities and The Stock Exchange of Thailand, where the Company is listed, recently ranked us, again, at a ‘Five Star’ level, the

company world-wide. We continued to strengthen our Corporate Governance capabilities and The Stock Exchange of Thailand, where the Company is listed, recently ranked us, again, at a ‘Five Star’ level, the

Analysis for the Year ended 31 December 2017 Page 4/21 Overview of Economy and Competition in Commercial Banking In 2017, the Thai economy continued to gain further traction underpinned by an accelerated

for the year 2017 decreased to 2.3% from 2.5% yoy attributed by the Bank’s continued effort on cost management. For the year ended Consolidated Change Dec 31, 2017 Dec 31, 2016 Baht million % Interest

quarter of 2018 continued to grow year-on-year on the back of buoyant domestic demand. Private consumption continued to gain traction, supported by improvement in income and employment. Furthermore, there