rendering of services, decreased percentage of selling and distribution expenses to operating revenue, and tax benefits from the Board of Investment of Thailand (BOI). Operating revenue continued to show
(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER
(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER
to increase new Subscriptions licenses of Oracle ERP rather than selling a legacy Oracle on premises one. This will significantly generate a recurring income to ICE in the near future. Revenue from
quarters. EBITDA in 2017 was Baht 535 million, a decrease of 35% YoY. However, the EBITDA level is in the same range as 2015. On 30 October 2017, the Company has signed the joint venture agreement KINO
order to alleviate such impact on our customers, the Company offered credit assistance measures to those customers affected by COVID-19, in line with the Bank of Thailand’s measures to ease debtors
the on premises sales of its software and the sales of hardware. N o n -recurring revenue in the H R Solution grew 63.65m b , largely from the consolidation of TigerSoft’s result, while ERP’s
consistent increase in its retail channel sales; the main distribution channel, from the Company’s strategy to enlarge its customer base, and debuted the B20 Diesel product in tandem with a special price
economic and the slowdown of private investment which depending on Baht exchange rate and government policies. 3. WATER SITUATION As of 1 November 2019, the water supply situation in Chonburi and Rayong were