MARCH 2020 LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2020 Page 2/20 Overview of Business Operation LH Financial Group Public Company
of benefits that the trust property is entitled to receive from the originator for the benefit of the financial instrument holders and there shall be a condition for reimbursement of the investment
percent from the year. A decrease was mainly from unallocated revenues which dropped by 774.0 million baht or 21.7 percent from year 2017. The revenue from airline business slightly declined by 0.1 percent
) Easing of the financial conditions – although the policy rate and interest rates have been at a low level but liquidity in the business sector is still at the low level especially for SMEs business. This
consisting of 25 mutual funds and 3 property funds. PASSET’s market share in terms of mutual fund was 1.34%. In 2017, PASSET’s fee income from mutual fund business totaled Baht 327 million. Asset under
flows from (used in) operating activities 243 71 239.6% Cash paid from business combination 0 (305) 100.0% Cash paid for increased investments in joint ventures (56) (13) (341%) Acquisition of property
Company started trading its newly issued stock on 15 February 2017. Issued and paid-up share capital Ownership interest 30 June 2017 30 June 2017 Name of the entity Type of business Baht % 80.00 99.27 Car
until the present. 6. Transaction volume 6.1 The above transaction is conformed to related transaction which is the transaction in property leasing for not more than 3 years in middle size in value more
compensation rates of medical staff secured for the future business expansion. Financing Costs The Company and its subsidiary’s financing costs in relation to the loans from financial institutions and related
service until the present. 6. Transaction volume 6.1 The above transaction is conformed to related transaction which is the transaction in property leasing for not more than 3 years in middle size in value