effective management. Excluding the non-recurring items, total revenue and net profit decreased by 0.5% and 8.7% respectively compared to the same period in the previous year (YoY) mainly caused by the impact
the re- appointment of Mr. Hsu, Sheng-Hsiung, Mr. Shen, Shyh-Yong, and Thanasak Chanyapoon to resume their positions as the directors of the Company for another term which is subject to the approval of
29_MDA Q3_62 EN -Translation- No. ECF2 041/2019 November 14, 2019 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2019 To President The Stock Exchange of Thailand
Revenue 341,188 252,137 89,051 35.32 Gross Profit 186,351 136,320 50,031 36.70 Gross profit margin (%) 54.62 54.07 0.55 1.02 Golf Services & Property Management Revenue 160,157 141,745 18,411 12.99 Gross
financial instutions Long-term loans from financial institutions Others 4% 39% 30% 4% 7% 5% 3% 20% 9% 47% 12% 7% 16% 15% 0% Current portion of debenture 2% MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2019 F IN
V2 14/05/62 0 V2 14/05/62 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the First Quarter of 2019 The Thai economy in the first quarter of 2019
and equity instruments, retirement mutual fund and long term equity fund. LH Financial Group Public Company Limited Management Discussion and Analysis for the Year ended 31 December 2017 Page 7/21 4.4
Page 1 of 4 GEL.CS.005/2561 27 February 2018 Subject Management Discussion and Financial Analysis for the operating results as at December 31, 2017 To Director and Manager The Stock Exchange of
Utilities Business consists of Excessive Charge for additional Utilities demand and Service Fees for Wastewater Management. 3 Gross Profit from Operation excludes Other Income from Utilities Business. 4 Other