ratio was also close to the target of 42.31 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced

ratio was also close to the target, at 43.96 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As

create a diversified earning stream via its HVA portfolio. This portfolio, which accounted for 52% of overall core EBITDA, has enabled the Company to de- liver robust earnings on a sustained basis. The HVA

margin for this high-growth segment remains at a robust 20%. Integrated Oxides and Derivatives (Ethylene, PEO, MEG and related derivatives)  Production of 103 thousand tons (-20% YoY; +242% QoQ)  Core

, tighter global supply/demand balance and robust operational performance across our assets. Quarterly 6-Month 2Q18 1Q18 2Q17 2Q18 YoY 1H18 1H17 6M YoY Production Volume (k tons) 2,546 2,325 2,223 15% 4,871

together with robust capital fund and reserves. LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2020 Page 4/19 Credit Rating LH Financial

quality and maintain the allowance for doubtful accounts at the appropriate level. The Bank’s balance sheet remained healthy with robust capital and liquidity positions. At the end of third quarter 2019

, notably low carbon footprint, will keep demand for PET and packaging robust. Combined PET segment delivered US$ 17M in efficiency gains from Project Olympus Integrated Oxides and Derivatives (IOD) IOD

at 220.2 percent. The Bank continued to focus on loan quality through robust control over credit underwriting and risk management while maintaining the allowance for doubtful accounts at prudent level

and support them through the Covid-19 crisis, while strengthening loan portfolio quality through robust control of credit underwriting and risk management and maintaining the allowance for doubtful