ratio was 1.35 times as the Company use short-term loan, bond and cash deposit as source of fund for Investment in Associates and purchase of Property, Plant and Equipment (PPE) The Company maintained
holders’ amount of 39.99 million Baht . The share of losses from associates was 6.98 million Baht, increase of 0.65 million Baht from the same period last year, representing 10.27% and income (expenses
standard for leases under Thai Financial Reporting Standards 16 (TFRS 16). 1.2 Investments in Joint Ventures and Associates increased by THB 59 million primarily due to share of profit from investment in
equivalents and current investments 740 15.2% 1,216 13.2% Trade & other receivables 847 17.4% 641 7.0% Investment in joint venture and associates 181 3.7% 2,130 23.2% Property, plant and equipment 931 19.1% 877
holder of the parent amount of 522.86 million Baht, which was attributable to non - controlling interests equity holders’ amount of 109.49 million Baht . The share of losses from associates was 5.70
2018. This was a result of a decline in merchandise exports owing to the economic slowdown of trading partners affected by trade protectionism and the impact of structural changes in the manufacturing
economic slowdown in key trading partners, the tensions on trade protectionism policies. Tourism sector slowed down mainly from the decreased in Chinese and European tourist figures. However, the number of
retaliatory measures of US trading partners which could negatively affect global trade, trading partners’ growth, and Thai exports. LH Financial Group Public Company Limited Management Discussion and Analysis