the Company’s financial statement, the operating and administrative expenses as a percentage of revenues decreased to 40% in 2016. 4 - Bad debt and doubtful accounts In the fiscal year 2016, the bad

expenses represented 42% of total revenues. Considering the Company’s financial statement, the operating and administrative expenses as a percentage of revenues represented 40%. 4 - Bad debt and doubtful

& administrative expenses 66 119 78.6% EBITDA 59 90 51.9% Net profit from financial statement 37 54 47.6% Net profit (exc. Minority Interest) 37 53 42.3% Gross profit margin 53.2% 62.4% EBITDA margin 31.3% 31.1

with same period of last year as follows: Statement of Comprehensive Income (Unit : Million Baht) Details 3 Months 6 Months 30 Jun 2020 30 Jun 2019 Changed % 30 Jun 2020 30 Jun 2019 Changed % Revenues

Company”) would like to submit the financial statement for 1st quarter of 2022 ended as of March 31, 2022, which details are as following ; Unit : Million Baht Operating results (Consolidated) 1st quarter

value of THB 5 per share: (1) To accommodate the allocation of 3,425,090,482 newly issued ordinary shares to the existing shareholders pro rata to their shareholdings (Rights Offering), at the par value

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31

malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient

services, catering services and international cargo warehouse where it serves self and other airlines. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial