quarter of 2017, high proportion of loan loss reserves ratio at 184.76%. 1. COMMERCIAL BANKING BUSINESS LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter
million. 3. Cash flow used in financing activities The Company had a cash outflow from financing activities of Baht 0.03 million as a result of financial lease payment. 4 Key Financial Ratio Analysis For
Company 1,395.82 1,305.72 7% Non-controlling interest 3.99 3.33 20% Total shareholders' equity 1,399.80 1,309.05 7% Financial Position : Consolidated Balance Sheet Page 4 of 4 Ratio Analysis of Financial
, nor maintaining financial ratios (Debt Covenant) of financial institutions or bill of exchanges. The Company has current total debt to equity ratio of 0.1 times, and have closely and cautiously manages
debt to equity net of cash and cash equivalent and short-term investments Table 4: Key Financial Ratios 1Q 4Q 1Q YoY QoQ 2019 2019 2020 (%) (%) Profitability Ratio Gross profit margin (%) 52% 52% 51% (1
Company‘s net profit increase. The Company’s Interest Bearing Debt to Equity Ratio was 2.20 times decreased from the ending of 2019 which equal to 1.68 times. This was a result of debenture issuance on 5
the risk of insufficient collateral to cover the debt; (2) To revise the lending criteria to align with the financial position of securities companies, regarding the total outstanding debts from all
debt to equity ratio not exceeding 5:1, which will appear in the annual financial statements for 2025 and 2026; (5) Approving other actions related to the bond series, with
equity ratio was 1.38 times while the interest bearing debt to equity ratio was 0.86 times. Forward Looking For the 2nd quarter of 2020, it is well known that due to the impact of the Covid-19 situation