for digital incubation activities to strengthen the digital ecosystem foundation and the offering of products and services under the concept of the “Smart University and Cashless Society Development

CMG revenues when goods are ready for transfer to customers (precisely after incubation period) and not when it has been transferred. This impacted the Company and its subsidiaries’ financial statement

recognize CMG revenues when goods are ready for transfer to customers (precisely after incubation period) and not when it has been transferred. This impacted the Company and its subsidiaries’ financial

startup of new plant in Jiangsu for example rental expense and product development cost etc. 3. The consolidated net loss was 0.39%, last year’s net profit was 0.88%, mostly caused by the reduction in gross

ภาคผนวก 1 ภาคผนวก 1 กลุ่มประเทศ Organization for Economic Co-operation and Development (OECD) และประเทศท่ีมีฐานะการเงินเทียบเท่า ออสเตรเลีย เกาหลีใต ้ ออสเตรีย ลกัเซมเบิร์ก เบลเยยีม เมก็ซิโก แคนาดา

Research and Development) million baht 8,180 7,378 6,976 Operating expenses (including Research and Development) to sales (%) 16.00% 13.90% 14.17% Operating profit margin (%) 4.48% 8.94% 11.32% Other income

experience. To this end, we have emphasized collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, startup firms and strategic partners. In the third quarter of 2018, KBank

3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of

and our customers both directly and indirectly. KBank has emphasized synergy with K Companies, strategic partners and startup firms for enhancement of our business capabilities to achieve sustainable

Management 17  Digital Risk Management 18  Strategic Risk Management 19 3. Business Directions and Operations of Core Businesses 20 3.1 Sustainable Development and Corporate Governance 20 3.2 Business