profit (excluding special items) amounting not less than Baht 100,000,000 per year (the “Second Share Purchase Condition”). The payment for and transfer of the second portion of the Sale Shares will be
continuously decreasing of economic status and consumption product resulting the total revenue and net profit of the Company is decreased. In 2017, the Company has total revenue of THB 294 Million decreasing
decreasing of economic status and consumption product resulting the total revenue and net profit of the Company is decreased. In 2017, the Company has total revenue of THB 294 Million decreasing from THB 322
738.1 5.2 715.7 8.5 3,005.2 2,768.1 8.6 LH Financial Group Public Company Limited Management Discussion and Analysis for the year ended 31 December 2019 Page 10/22 Profit before Bad Debts and Doubtful
2.5 1.4 Other expenses 143.3 141.8 1.5 1.1 Total 731.4 686.4 45.0 6.6 Profit before Bad Debts and Doubtful Accounts and Income Tax Expenses In the first quarter of 2019, the company and its subsidiaries
leasehold agreement and construction for Rules Formula Transaction Size (%) expansion. 2. Net Profit Net Profit from Operation of acquisition asset / Net Profit for last 4 quarters of GSC Cannot be calculated
Asset NTA of acquisition asset/ NTA of GSC Cannot be calculated because the transaction is long-term leasehold agreement and construction for expansion. 2. Net Profit Net Profit from Operation of
100 Operating profit of EFORL NA NA 3. Total Value of Consideration Paid or Received Value of the transaction to be paid or received x 100 Total asset value of EFORL 318.35 2,443.69 13.03% 4. Value of