(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31
ratio was at 0.36x, lower than the previous year of 0.39x. AIS maintained a strong financial position with low net debt to EBITDA of 0.8x and a decent interest coverage ratio of 16x. Asset turnover
. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 14 subsidiaries that include: 1) Bangkok Air Catering Company Limited (BAC) 2) Worldwide
warehouse where it serves self and other airlines. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 11 subsidiaries that include: 1
self and other airlines. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 13 subsidiaries that include: 1) Bangkok Air Catering
which include passenger and ramp services, catering services and international cargo warehouse where it serves self and other airlines. Consolidated financial statement of the Company consists of Separate
Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the second quarter of 2018 ended 30 June 2018 Executive Summary According to Bank of Thailand statement, it is estimated
from the prior quarter. Therefore, commercial banks’ asset quality still needs close watching. As of the end of the second quarter of 2019, net loans at 14 domestically-registered commercial banks grew
restart its asset purchase program in November of this year. In Thailand, most economic indicators in the third quarter pointed to continued slowdown as had been seen in the previous quarter. As evidenced