growth outlook still challenge with uncertainties on the external front particular on pertaining to the US foreign trade policies, retaliatory measures from its trading partners. LH Financial Group Public

contracted 5.3% as a result of the continuing decline in global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China, the down-cycle of electronic

result of the continuing decline in global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China, the down-cycle of electronic products and

Employee benefit obligations Borrowings Other current liabilities Trade and other payables Financial position Asset Liabilities and Shareholder’s Equity Asset Account receivable and other receivable increase

last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. The trade war between USA-China, high imports due to

equivalent, trade receivables, other receivables, prepaid cost of software license which is recorded in accordance with the nature of the business. The significant increase in current assets is mainly

period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid

Dec 2018 30 June 2019 Changes Million baht Million baht Million baht % Total Assets 457.86 428.57 (29.29) (6.40) Cash and cash equivalents 92.96 73.91 (19.05) (20.49) Trade and other account receivables

baht % Total Assets 429.19 441.93 12.74 2.97 Cash and cash equivalents 67.72 80.20 12.48 18.43 Trade and other account receivables 58.62 81.76 23.14 39.47 Inventories 123.14 106.54 (16.60) (13.4

2019 Changes Million baht Million baht Million baht % Total Assets 457.86 420.02 (37.84) (8.26) Cash and cash equivalents 92.96 74.63 (18.33) (19.72) Trade and other account receivables 68.62 37.93