113.14 million to Baht 180.07 million compared to the same period of the previous year according to the changing of accounting policy in accordance with Thai Financial Reporting Standards 9 (TFRS9) which

right-of-use assets as a result of the adoption of the new financial reporting standard in year 2020 and increase investment in technology and information system. 2. Total liabilities increased 31,457,336

, RATCH-Australia Corporation Limited (“RAC”) (an indirect subsidiary in which the Company holds 80 percent stake) has achieved its financial close and started the construction of Collinsville Solar Power

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

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED AND AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SECOND

29.23 million. 3. Property, plant and equipment increased Baht 84.50 million, mostly from the adoption of new financial reporting standards, TFRS 16 Leases, by recognized Right-of-use assets. Total

depreciated in relative to USD currency, the asset value in AUD currency decreased. Management Discussion and Analysis For the Year Ended December 31, 2019 Page 10 3. Analysis of statement of financial position

Reporting Person : - | Type of securities : - | Date of reporting obligation : 14/09/2018

Reporting Person : - | Type of securities : - | Date of reporting obligation : 03/10/2002

Reporting Person : - | Type of securities : - | Date of reporting obligation : 04/06/2004