31 MARCH 2019 LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2019 Page 2/19 Overview of Business Operation LH Financial Group Public
MARCH 2019 LH Financial Group Public Company Limited Management Discussion and Analysis for the First Quarter ended 31 March 2019 Page 2/19 Overview of Business Operation LH Financial Group Public Company
automotive parts and car dealerships business and higher interest income from loan to SGAH. Last year’s revenue also included one-time gain from sale of investment of Baht 147 million which was recorded in Q2
. Loaned amount was reserved to mitigate liquidity risks in business operations. The Company shall continue to monitor the pandemic situation in core markets and reduce the loaned amount accordingly. Nine
overall international business grew 14.4% at constant FX rate. 9M’19 Net sales grew 5.7% YoY, driven by core businesses in both domestic and international markets. Domestic beverage and personal care grew
significantly by 222.5% YoY to THB 1,481mn, predominantly due to the consolidation of the acquired hotel business in Europe (Vienna House), the improving operating performance of our hotels in Thailand and the
Boonbaramee Metta Property PCL (BMP), a subsidiary of U City, as a part of the Company’s planned divestment programme of non-core assets. Disposal of asset - Mo Chit Land 10 April 2019 The Company entered into
2019 LH Financial Group Public Company Limited Management Discussion and Analysis for the year ended 31 December 2019 Page 2/22 Overview of Business Operation LH Financial Group Public Company Limited is
QUARTER ENDED 30 JUNE 2019 LH Financial Group Public Company Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2019 Page 2/21 Overview of Business Operation LH Financial Group