Equity ratio2 stood at 0.92 times as of 30 June 2019, decreased from 0.94 times as at end of 2018 1 Backlog include only sold units with sales and purchase agreements 2 Calculated from interest-bearing

Baht 30-Sep-19 31-Dec-18 Total Assets 28,635 30,632 Total Liabilities 19,001 20,532 Total Equity (911) 172 Minority 10,545 9,928 Gr ou p HR C Gr ou p Management Discussion and Analysis Quarter 3 Ending

position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards

: President The Stock Exchange of Thailand K. W. Metal Work Public Company Limited (the “Company”) would like to submit management discussion and analysis of significant changes for the 3-month and 6-month

30, 2019 To : President The Stock Exchange of Thailand K. W. Metal Work Public Company Limited (the “Company”) would like to submit management discussion and analysis of significant changes for the

(THIS REPORT DISCUSSES PRINCIPAL CHANGES IN THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

Equity (Times) 0.90 n.a. Cash Flow (Unit: Baht Million) 6M/2018 6M/2017 % Change Profit (loss) from operating activities before changes in operating assets and liabilities 138 325 -58% Profit (loss) from

(THIS REPORT DISCUSSES PRINCIPAL CHANGES IN THE AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

financial statements in which the equity method is applied of the Company ended 31 December 2017.In addition, during the past 6 months, the Company did not have any other acquisition transactions of other

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