changing for 20 days. However, as the company had announced the commercial operation of methyl ester plant 2 on April 5, 2019 with nameplate capacity 200,000 tons per year and also domestic crude palm oil

MARCH 2018 LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2018 Page 2/18 Overview of Business Operation LH Financial Group Public Company

-49% 512 -50 -1,124% Adjusted EBITDA Margin (%) 5.8% -3.0% 8.8% 7.8% -2.0% 7.0% -1.2% 8.2% Note : (1) The methyl ester plant 2 has commenced the commercial operation on April 5, 2019. Thus, the

executives of the subsidiaries based on the assumption from income and expense from the past operation, the deterioration of the solar panels and other equipment, additional investment to substitute any part

operation in GS. The area under the water supply contract has high water requirements. This area is full of the community, tourist attraction, and industrial factory which currently suffers from the shortage

1.01 0.66 1.08 0.00 0.31 100.00 Sales Sales cost rates. (%) 92.15 49.81 78.12 84.35 87.54 0.00 0.00 90.69 Compare the results of the operation. Biodieselfuel consumed. By -product Get Palm oil and

operation. Biodiesel Edible oil By-product Palm oil refining service Sales of porcelain and component Sale of Ice cube Vessel operating Port services Other income Total revenue The difference as income

were below ;- - The Group’s net cash from operation was of Bt519.7 million, increasing by Bt62.1 million or 13.6% - Cash for investment activities was of Bt1,055.2 million, increasing by Bt298.6 million

of the year 2018 was at 90,047 trips/day representing an increase by 7.6 percent when compared to the same quarter of the previous year. Cost of service for operation of Expressway business consisted

ประเทศที่อยู่ในกลุ่มประเทศ Organization for Economic Co-operation and Development (“OECD”) 1.3 หน่วยงานก ากับดูแลของประเทศที่อยู่ในประชาคมเศรษฐกิจอาเซียน (ASEAN Economic Community) (“AEC”) 2. ต้องเป็นการ