infrastructure investment and a slowdown in private investment. Thai Banking Industry The commercial banking sector in Thailand continued to face some uncertainties in the business environment and ongoing changes
as follows: LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2017 Page 3/22 Certified Companies of Thailand's Private Sector
Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2017 Page 3/22 Certified Companies of Thailand's Private Sector Collective Action Coalition
sector continued to recover as the number of foreign tourists increased due to the relaxing of travel restrictions, especially international travel, and the relaxing the practice of wearing masks across
property development sector decreased their media spending. In addition, gross loss was THB 1.95 million as high proportion of the costs was employee-related costs which were fixed costs. Other income In
Thailand's Private Sector Collective Action Coalition Against Corruption LH Financial Group Public Company Limited, Land and Houses Bank Public Company Limited and Land and Houses Fund Management Company
epidemic. Therefore, the main customers, espeacially in the real estate sector, delay launching their new projects. Financial Position As of 30th June 2020, the company’s group has total assets of 861.61 THB
to the COVID-19 epidemic, thus major company’s customer espeacially in real estate sector delay in launching new projects. The recognition of construction and services for the first nine months of 2020
(G-G) 55 million baht to 166 million baht, comparing to 9 month of last year. • Declining in tourists sector, sales of restaurant and food service business were declined of 41 million baht or 3% to 233
% Allowance (reversal of allowance) for impairment of assets 5.6 0.8% -3.6 0.0% -9.2 -163.6% JAS Asset’s Management Discussion and Analysis for FS2018 Page2/5 2017 2018 Change MB % MB % MB % Profit before