Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc./(Dec.) % Construction income

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNREVIEWED AND UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SECOND

borderless marketplace of the ASEAN Economic Community (AEC). Given the increased degree of uncertainty in global economies, especially pressure from a looming trade war among core economies and their

) securities price e.g. closing price at financial year-end date, market capitalization, trade volume, and net asset value of REIT on beginning and ending date of accounting year; (3) in the case of having

by 6.26 % compared to last year. Total sales were Baht 2,020.63 million, decreased by 5.91% due to the economic trade wars that effected global market. The export customers were affected from currency

Exchange of Thailand Dimet (Siam) Public Company Limited “company” would like to notify on qualified opinion from auditor as shown in Noted to Financial Statement due to authorized directors of ASIAN

of the present international trade war, we equipped our clients with an effective tool for forex risk mitigation, together with financial advice tailored to their respective needs.  Medium Business

requires high spending. Page 5 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 September 2017 31 December 2016 % Change Cash and cash equivalents 37 92 -60% Trade

Company Limited and its Subsidiary (together referred to as “Corporate Group”) would like to clarify on the operating results according to the consolidated financial statements for the 1st quarter ending

, Cash equivalents and current investments 116.94 89.68 (27.26) (23.31%) Trade and other accounts receivable 1,816.20 1,789.81 (26.39) (1.45%) Other current financial assets 0.16 600.62 600.46 375,287.50