the accounting period ended March 31, 2019, there was no any noteworthy progress of such case as disclosed in the notes to financial statement for the year ended December 31, 2018 Section 27.5. 4
. As of the first quarter of 2018, there are 204 Automatic Teller Machines. LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2018 Page 6
various segments, the Bank in-house research has revised the Thai economic expansion for the year 2018 to be 4.2% from earlier projection of 3.8%. Despite the improving economy, there are challenges ahead
before the three- year period in the case that there is any change affecting the fair value of land on a material basis. In this regard, the Company’s group has hired an appraiser approved by the
expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of
July and August. Despite the continued improvement in the economy particularly in terms of private consumption, there are still challenges ahead namely 1) Structural changes in Thai economy, particularly
plants during Q2’2020 – Q4’2020. Meanwhile, there are still demands from more than 1,000 potential clients in industrial estates where our SPP projects located in. Successful Angthong Power acquisition The
first quarter. As a result, the Group financial performance for the first quarter of 2020 has been largely unaffected by the outbreak situation. For the three- month period ended 31 March 2020, there were
recorded additional impairment on revaluation of foreclosed assets in the amount of Baht 665 million on foreclosed properties that are deemed to require a long period of time to dispose while there is no