ended 31 December 2019, which revenue and net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 31 December 2019 31 December 2018

March 2020, which net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 31 March 2020 31 March 2019 Increased (Decreased) Percentage

(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE UNREVIWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31

Coronavirus (COVID-19) outbreak with continued rising reported confirmed cases, the government has requested that the private sector consider postponing activities that involve large gathering of people which

and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been

Sector Allocation / Top 5 of Issuer Allocation Front-end fee Back-end fee Switching-in fee Switching-out fee Transfer fee Remark

follows: Statements of Comprehensive Income for the 1st Quarter Ended March 31, 2020 Revenue from Hospital Operations Operation : Consolidated Profit & Loss Statement 1Q 1Q % Unit : THB million 2020 2019

Ester Business Unit Operating Performance 10 ▪ Fatty Alcohols Business Unit Operating Performance 12 Statement of Income 14 Statement of Financial Position 16 Statement of Cash Flows 18 Key Financial

% Net profit margin 19.13% 17.13% 19.43% 18.34% Performance (Statement of Comprehensive Income) 3-month period 6-month period Services income and Cost of rendering of services Services income can be

period 23.21 9.29 (13.92) -59.97% 74.27 44.16 (30.11) -40.55% Gross profit margin 30.3% 28.6% 31.2% 29.4% Net profit margin 18.7% 12.9% 19.2% 16.8% Performance (Statement of Comprehensive Income) Three