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

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

-2.6% from dividends paid. Cash flow In 9M24, cash flow from operation (after tax) reported at Bt84,616mn, increasing 35% compare to 9M23 following a improvement in EBITDA. Net cash outflow from

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

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