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

Offering for Sale of Bonds Denominated in Foreign Currency in the Kingdom of Thailand by Business Incorporated under Foreign Law; (3) financial statements of a trust property and a fund mobilizer. In this

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

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

or 33.09% because of the record of expected credit losses from trade accounts receivable by the Thai Financial Reporting Standard 9 (TFRS9) “Financial Instrument”. Net profit (Loss) Company’s operation

No: AH 02112024 November 12th, 2024 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 3rd Quarter of Fiscal Year 2024 Ended as of September 30th, 2024 To: The

their opinion on financial reporting as required by relevant professional standards to ensure that financial reporting represents its true and fair economic substance, operational performance and is

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

that changed are as follow:  Short-term loan from financial institution lowered by THB 411 million, due to loans in foreign currency marked an unrealized gain from foreign exchange in the amount of THB