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
accordance with international benchmark and consistent with the guidelines from the government. The Company takes into consideration the well-being of all stakeholders, including communities, business partners
into consideration the well-being of all stakeholders, including communities, business partners, tenants, and customers to maintain business sustainability. In addition, the Company makes the best effort
associates and joint ventures of THB 70mn, 6) prepaid rental of THB 55mn, and 7) estimation of difference between cost of investment and identifiable net assets of THB 52mn. Trade and other receivables were
received dividends from associates and joint ventures in the total amount of Baht 2,133.71 million. 5.2.3 RATCH-Australia Corporation Limited, a subsidiary, invested in Mount Emerald Wind Farm Project and