ratio (Time) 3.39 2.04 1.35 Average collection period 80 81 (1) Days of inventory 217 226 (9) Profitability ratio Gross profit margin (%) 26.34% 28.59% (2.25%) Operating profit margin (%) 6.14% 4.37% 1.77

Microsoft Word - 1_DRAFT_Criteria_Buildings.docx 1 Buildings Criteria The Buildings Criteria for the Climate Bonds Standard & Certification Scheme September 2018 Assessing climate change mitigation

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 19.10 percent, with a Tier 1 capital ratio of 16.76 percent, remaining a sufficient cushion against risk, and greater than the Bank of

FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 17.70 percent, with a Tier 1 capital ratio of 15.41 percent. All of the above endeavors and satisfactory operating performance

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction

repercussions for the Thai financial sector, combined with the enforcement of Thai Financial Reporting Standards related to Financial Instruments (including TFRS9) since January 1, 2020, which affects

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4

. However, tax collection under the Act will commence on January 1, 2020. One significant change under the Act is that local administrative organizations are now authorized to collect the land and building

was robust. As evidenced, capital adequacy ratio (CAR) of KASIKORNBANK FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 18.55 percent, with a Tier 1 capital ratio of 16.19