, owners’ equity amounted to Baht 41,162.8 million, increased by Baht 1,453.7 million or up to 3.7% when compared to the end of the year 2018. LH Financial Group Public Company Limited Management Discussion

which is enable at eye level and target on people in business center area. The Company was granted the rights of management consisting of (1) advertising on pillars under BTS station in which the Company

amount of AUD 39.75 million. The details are described in No. 1.3. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 14 4.B Analysis of Equity As at June

- SECOpenData TH Home Fund Mutual Fund Private Fund Provident Fund REIT / INFRA / PROP Page Debenture Equity ESG Data Digital Asset Intermediary & Professional Intermediary https://secopendata.sec.or.th

/ INFRA / PROP Page Debenture Equity ESG Data Digital Asset Intermediary & Professional Intermediary https://secopendata.sec.or.th/Intermediaries/Professional SEC Search "virtual property" OR "digital real

Liabilities Total Equity 10,052 9,978 8,371 7,701 1,681 2,277 30 June 2018 31 Dec 2017 Total Assets Current Assets Non-Current Assets 10,052 9,978 Unit: THB mn Dusit Thani PCL Management Discussion and Analysis

to Equity ratio was 1.05 times because of the drawdown of short-term loan for temporary liquidity management and the drawdown of long-term loan for project construction during 2020. Debt service

the electricity sales in November and December 2018. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2019 Page 10 4.2 Analysis of liabilities and equity As at

Directors' Meeting No.10/2561 held on September 19, 2018. The Company has approved Solar Power Management Thailand Co.Ltd (“SPM”) which 100% held by Eastern Power Group Public Company Limited ("EP"), a

-Translation- No. ECF2 041/2561 12 November 2018 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2018 To President The Stock Exchange of Thailand East Coast