characteristics to other existing debt securities, except for their core objective of financing projects that contribute to environmental conservation and/or social development. These products therefore are not

%GP at 22%, while 9M17 represented at 24%. Excluding TBSP of 17% GP, Company’s core %GP achieved at 25%, increased by 1%, primarily due to incremental of Gross Profit of Security business in 9M18 when

achieve sustainable growth and returns while maintaining our long-term market leadership. Guided by our core strategies of “Customers’ Life Platform of Choice” along with “Customer Centricity”, KBank has

2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 6 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance

piano and violin of Ritmuller’s brand The Company’s core business is to distribute the products in Thailand and the main target of the Company’s customers are working women who care for good quality

be inconsistent with the intention of the regulations whereby a misdemeanor, an insignificant act or any wrongdoing not directly involved with the issuer’s core business shall be excluded. Given the

คร้ังแรก  Core EBITDA 326 ลา้นเหรียญสหรัฐ เพิ่มข้ึนร้อยละ 49 เม่ือเทียบปีต่อปี  Core EBITDA ต่อตนั 140 เหรียญสหรัฐ ซ่ึงสูงท่ีสุดเป็นประวติัการณ์  ก าไรหลกัสุทธิ 175 ลา้นเหรียญสหรัฐ เพิ่มข้ึนร้อยละ 85

prepare for an increased level of production and the Company’s growth from 2018 onwards; 3) cost from trial runs and start-up of a new production line for some products, driving higher yield loss and cost

specific 5G industrial use cases. Manage cost amidst pandemic to sustain profit In 2Q20, core service revenue was Bt32,285mn, -6.4%YoY and -2.4%QoQ mainly from COVID-19. Total cost amounted to Bt32,831mn

. Business Directions and Operations of Core Businesses 10 3.1 Sustainable Development and Corporate Governance 10 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK 11