, the Company and its subsidiaries recorded allowance for doubtful accounts in amount of THB 34.41 million, slightly increased from THB 33.78 million in 2016. The allowance for doubtful accounts was at

from rent and services In 1Q18, CPN recorded revenue from rent and services at THB 6,776 mn, an increase of 3.8% YoY due to the impact of the major renovation at CentralWorld and the transfer of

Baht 50 million in Q1’2018 to Baht 53 million in Q2’2018, primarily attributable to profits at our associate and our joint ventures namely BGYSP and BGSENA. Gain (Loss) on Exchange Rate • Recorded Gain

rent and services In 2Q18, CPN recorded revenue from rent and services at THB 6,819 mn, an increase of 4.6% YoY (for the first six months of 2018, the figure stood at THB 13,594 mn, an increase of 4.2

ventures namely ABPIF and BGSENA. Gain (Loss) on Exchange Rate • Recorded Loss on Exchange Rate at Baht 14 million in 9M’2018 and Q3’2018, primarily attributable to a realized loss on exchange rate from

partnership) recorded at Bt138,569mn, an increase 4.2% YoY driven by the inclusion of TTTBB performance, improved mobile revenue, and growth momentum on fixed broadband and enterprise. Excluding TTTBB impact

Reporting Standard on lease agreements (TFRS 16) and revenue from contracts with customers (TFRS 15). • Net foreign exchange losses: was recorded at THB 5 million in Q2/2020 while in Q2/2019, there was a

debit / direct credit and an automatic transfer system (ATS). 4.2 Insurances Service is a service to provide life insurance brokerage services and insurance against loss which the customer can choose the

choose the insurance on the needs of customers. 4.3 Mutual Fund Selling Agent Service is a selling agent of the unit trusts for many asset management companies, which offer mutual funds of various types

insurance against loss which the customer can choose the insurance on the needs of customers. LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30