operating performance allowed KBank and K Companies to meet business targets while also gaining wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in this

items to be consistent with the presentation of the financial statements for the year ended 31 December, 2019. This reclassification has no effect on the operating results of the Company presented in the

GFPT Public Company Limited Management Discussion and Analysis for the Year 2017 Page 1 of 15 Management Discussion & Analysis Summary of Consolidated Statements of Financial Position of GFPT Public

manage its efficiency in operating and administrative expenses well through the Digitalization process in the future. The separate financial statements has cost-to-income ratio at 37.8%. Expected Credit

, despite decrease in net fees and service income due to cancellation of fees on funds transfer via digital channels. B Other operating expenses rose Baht 686 million, or 4.29 percent over-quarter. However

’ Meeting No. 6/2018, held on September 7, 2018 and details of which are disclosed in notes No. 11 of the Company’ s consolidated financial statements for nine months ended September 30, 2018, and the

concerning health and esthetics. 2. Overview of operating results in the Quarter 3’2018. Although the global economy as risk from international of political tensions and economic, and the uncertainty of US

. Mr. Chumpol Techakraisri 4. Mr. Timothy Joseph Grady Summary of the Statement of : The Financial Statements as of December 31, 2017 Financial Position and Operating Cash and Saving Deposit

YoY (%) (Restated) Operating revenue 624 852 36.5% Cost of sales 256 356 39.1% Gross profit 368 496 34.8% EBITDA 443 352 -20.7% Interest expenses 5 23 401.9% NPAT from operation (excl. NCI) 187 192 2.8

. Other operating expenses fell Baht 471 million or 2.83 percent over-quarter. Given that the decrease in income was more pronounced than that of other operating expenses, our cost to income ratio rose to