expenses to sales 9.4% 11.4% 10.1% 10.3% Finance costs 18 15 19% 34 27 25% Share of profit (loss) from investment in subsidiaries and joint ventures (1.0) (5) 82% (2) (12) 79% Tax (income) (21) (19) (10
accommodate business expansion and (iii) EBT of UE. Reported share of net profit from associates/JVs was THB 9mn (compared to a net loss of THB 2mn in the same period of the previous year). Following the EBT of
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
business which increased from 43.5% last year, resulting from change in product mix between industrial/processing water and raw water. Share of Profit from Investments in Associates from Power Business
4.3% YoY to THB 1,462mn mainly due to the expansion of hotel business through new hotels launch, through new acquisitions and the contribution from acquired assets under the Entire Business Transfer of
on sale of Investment Properties in amount of 4.2 million Baht. The share of revenues in 2019 comprised of treatment of industrial waste business division represented 86.8%, property development
2018 LH Financial Group Public Company Limited Management Discussion and Analysis for the year ended 31 December 2018 Page 2/21 Overview of Business Operation LH Financial Group Public Company Limited is
there is no material adverse effect to the Transaction. 2. NEXT has revised the objectives of the company to cover its business operations of NEXT, including the issuance of share certificates and the
completed and there is no material adverse effect to the Transaction. 2. NEXT has revised the objectives of the company to cover its business operations of NEXT, including the issuance of share certificates