, the issuer’s financial position and results and business operations, and investments by holders of securities in the issuer, in a section headed "Risk Factors". The issuer is encouraged, but not

was resulted from airline business decreasing by 25.2 percent, airport business decreasing by 18.4 percent and airport-related businesses decreasing by 14.6 percent. 3 ASIA’S BOUTIQUE AIRLINE The

ENDED 30 SEPTEMBER 2019 LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2019 Page 2/22 Overview of Business Operation LH Financial

30 SEPTEMBER 2019 LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2019 Page 2/22 Overview of Business Operation LH Financial Group

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 13 Executive Summary Revenue and net profit have growth according to the business plan In 2Q18, the Thai

of tape and weaving process following the new business model to reduce the cost the purchasing of plastic resin through banking (TR) has been canceled too results in the financial cost also reduced. 7

Baht 460 million in 2018, primarily attributable to gain from business combination (BGYSP) amount of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. • Other

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

30 SEPTEMBER 2018 LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2018 Page 2/21 Overview of Business Operation LH Financial Group

SEPTEMBER 2018 LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2018 Page 2/21 Overview of Business Operation LH Financial Group Public