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
. The Company is committed to expanding its power plant business from renewable energy. Because it is a business with a consistent and stable income. However The company's main revenue and net profit are
tangible asset of the Company 103.44% = Baht 3,411.99 million x 40% x 100 Baht 1,319.42 million 2. Net profit method Net profit of the acquired company x 100 Net profit of the Company N/A1 3. Consideration
its power plant business from renewable energy. Because it is a business with a consistent and stable income. However The company's main revenue and net profit are currently designing product & making
foreign exchange hedging at Baht 2.1 million. Other income reported at Baht 0.9 million from transportation, sales of scraps, and obsolete equipment. Gross profit margin slightly increased from 32.2% to
Board of Directors of Fancy Wood Industries Public Company Limited (the “Company”) No. 8/2017 dated September 8, 2017 approved the investment in the property development business by acquiring the entire
Experience at the total of Baht 280,000,000 as follows: Criteria Calculation Size of Transaction (Percent ) 1. Net tangible asset basis (NTA) (0.325x2,413,694.08/890,370,716) x 100 1/ 0.09 2. Net profit basis
Calculation Size of Transaction (Percent ) 1. Net tangible asset basis (NTA) (0.375x2,413,694.08/890,370,716) x 100 1/ 0.10 2. Net profit basis -None- -None- 3. Consideration paid basis (324,999,779.28
shareholders’ meeting of the Company shall have approved the entering into the Transaction; and (2) No change has occurred, which causes a material adverse effect on assets, liabilities, business opportunity
31 December 2019 to ending on 31 December 2021 must have a net profit (excluding special items) amounting not less than 100,000,000 per year (the “Second Share Purchase Condition”). The payment for and