decreased from Q4–2020 by 469.2 MB or 24.7%. Due to projects delivered in Q4–2021, it has a higher gross margin minus an increase in the impairment loss on financial assets and the fair value loss on FVTPL
project and the Project during warranty period. Equipment for lease decreased by 58.0 MB, representing a decrease of 16.2% mainly due to the depreciation of equipment for lease minus capital expenditures on
Houses Bank Public Company Limited is assigned the company rating of “A-” (Single A Minus), affirms the rating of LH BANK’s hybrid Tier 2 capital securities at “BBB” and the results also affirmed the
conditions precedent in the CSPA (the “Confirmation of Satisfaction Date”)) Minus: Net proceeds for any new Shares issued between the date of the CSPA and the Confirmation of Satisfaction Date which are
Public Company Limited is assigned the company rating of “A-” (Single A Minus), the rating of LH BANK’s Basel III Tier 2 capital securities at “BBB” (Triple B Straight). Analysis of Operating Results The
“Positive” outlook by TRIS Rating. Land and Houses Bank Public Company Limited is assigned the company rating of “A-” (Single A Minus), affirms the rating of LH BANK’s hybrid Tier 2 capital securities at “BBB
Minus), “Stable” outlook and affirms the rating of LH BANK’s Basel III Tier 2 capital securities at “BBB” (Triple B Straight) by TRIS Rating. LH Financial Group Public Company Limited Management
maturity of 5 years, at the average interest rate not exceeding Minimum Loan Rate minus 2.30%. Information regarding net debt to equity ratio of the Company is as follows: - The net debt to equity ratio of