lower manufacturing costs than the Company’s manufacturing costs, and certain groups of the Company’s customers reduced their contract manufacturing volumes with the Company in order to procure finished

grow at a slower pace, likely to fall below the lower end of the projection range of 2.5-3.0 percent, beset by the COVID-19 outbreak, the gloal economic slowdown, delay in the implementation of 2020

could be attributed to a decrease of Baht 221 million, or 2.08 percent in impairment loss on loans and debt securities and an increase of Baht 835 million, or 2.13 percent in net operating income which

in a decrease in the cost-to-income ratio, which stood at 42.52 percent. KBank has set aside higher allowance for impairment loss on loans, in line with uncertainties from the ongoing economic slowdown

measures implemented to curb the outbreak. Durable goods segment also declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer

income and net fees and services income while other non-interest income declined. Operating expenses also declined yoy from effective cost management and largely driven by lower loss from revaluation of

declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer confidence coupled with the already high household debt level

, 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

deducting shares discount, only the portion which increases or decreases as a result of the company’s capital increase or decrease after the date specified in the Form under (1); (3) proceeds received by the

customers both directly and indirectly. In the second quarter of 2017, KBank and subsidiaries reported a net profit of Baht 8,986 million, a decrease of Baht 1,185 million, or 11.65 percent over-quarter. The