, total revenue stood at THB 12,189 mn and net profit stood at THB 1,890 mn). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result

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

, total revenue decreased by 31.8% and net profit decreased by 65% YoY). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result of

size of 233.7 percent of the Company’s net tangible assets (NTA), exceeding THB 20,000,000, and more than 3 percent of the Company’s NTA value according to the consolidated Audited Financial Statement of

to the consolidated Audited Financial Statement of the Company, as of December 31, 2017. As a result, the Company is required to comply with the Connected Transaction Notifications, by disclosing

subject to the Company’s net tangible assets (NTA), greater than THB 20,000,000 and greater than 3 percent of the Company’s net tangible assets pursuant to consolidated financial statement for the period

based on the consolidated financial statements for 9 months ended 30 September 2017 of the Company and the Target, on the criteria according to the Acquisition and Disposition of Assets Notifications

. Related Party Transactions × XII. INTERESTS OF EXPERTS AND COUNSEL XIII. FINANCIAL INFORMATION A. Consolidated Statements and Other Financial Information × B. Significant Changes × XIV. ADDITIONAL

“ Notifications on Acquisition and Disposition of Assets” ) . Upon consideration of the size of the transaction based on the total value of consideration per the Company’ s consolidated financial statements for

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In 2018, East Water Group had total consolidated sales and services income of 4,220.99 million Baht, decreased by 87.05 million Baht or 2.02% compared to 2017