2: MAT June 2019 RTD Fruit Juice Market Value breakdown by Market Segment (Source : Nielson) 3. Results of Operations and Profitability Consolidated financial statements (Unit : Baht Million) Q2/2019

+3.3% from retained earnings. Net debt to EBITDA (excluding lease liabilities and license payable) was 0.7x slightly decline compared to 4Q19. Cash flow (Post TFRS 9&16) In 1H20, Cash flow from operating

million Baht. The continuously realized losses is the main reason which the subsidiaries company's operations are ceased their business operations. Gross Profit (Loss) The Company has a gross profit from

services 29.87 1.64 26.02 1.34 19.07 0.99 15.72 1.04 10.92 0.80 Revenue sharing from photography services 18.63 1.02 5.93 0.31 - - - - - - Other operating 29.83 1.63 26.28 1.36 31.25 1.62 23.11 1.54 23.33

-2841-5925 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2018 comparing operating performance and financial

Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2018 comparing operating performance and financial position for the

% YoY. RTD fruit juice market value and growth is as shown in figure 2 (Source: Nielsen). Figure 2: MAT Dec 2018 RTD Fruit Juice Market Value breakdown by Market Segment 3. Results of Operations and

Operation of Management Company Concerning with Such Acts Clause 5. The following operations of management company are the acts that may create conflict of interest to unitholders or the clients which

Interest And Operation of Management Company Concerning with Such Acts Clause 5. The following operations of management company are the acts that may create conflict of interest to unitholders or the clients

Clause 5. The following operations of management company are the acts that may create conflict of interest to unitholders or the clients which prohibited under section 126(1) and section 139(5), as the