and service income to operating income ratio 24.1% 27.3% 24.7% (3.2)% (0.6)% Expense to operating income ratio 39.9% 45.5% 40.7% (5.6)% (0.8)% Return on average assets * 1.17% 1.10% 1.13% 0.07% 0.04

% 8.57 8.11 5.6% Net interest margin 2.31% 2.35% 2.27% (0.04)% 0.04% 2.33% 2.33% - Net fees and service income to operating income ratio 22.7% 24.7% 24.1% (2.0)% (1.4)% 23.7% 23.4% 0.3% Expense to

% 23.5% 23.2% 0.3% Expense to operating income ratio 41.9% 45.8% 44.9% (3.9)% (3.0)% 42.8% 47.8% (5.0)% Return on average assets * 1.06% 1.07% 1.10% (0.01)% (0.04)% 1.09% 1.09% - Return on average equity

domestic retail properties stood at 92%. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: 2Q19 Major Events Performance Business Plan

income ratio 21.2% 21.3% 23.2% (0.1)% (2.0)% 22.2% 23.5% (1.3)% Expense to operating income ratio 43.5% 42.8% 41.9% 0.7% 1.6% 42.1% 42.8% (0.7)% Return on average assets * 1.14% 1.16% 1.06% (0.02)% 0.08

% 24.5% 23.1% 1.4% Expense to operating income ratio 45.5% 41.9% 47.4% 3.6% (1.9)% 43.5% 47.7% (4.2)% Return on average assets * 1.10% 1.06% 1.13% 0.04% (0.03)% 1.09% 1.09% - Return on average equity

ท่ีผูเชี่ยวชาญ ผูจําหนายหลักทรัพยและท่ีปรึกษา การเงินไดรับจากการออกหลักทรัพย VIII. FINANCIAL INFORMATION A. Consolidated Statements and Other Financial Information งบการเงินและขอมูลทางการเงินอ่ืน B

decoration, service fee for specialist and interest expense, while the remaining THB 548 million accounts for land acquisition and construction of staff house for employees of Phuket Fantasea Company Limited

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

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31