allowance for doubtful accounts was at acceptable level of 3.95% of total trade receivables. The average collection period of the Company and its subsidiaries was 19 days in 2019, decreased from 21 days in
increase in minimum wages, local SME projects and agricultural business reform, to support the low-income group. Overall, the Thai economy is on course for a steady year of growth, according to the Bank of
these events, the economy has remained resilient overall. GDP growth continued at 6.1 percent with inflation remained low at 2.8 percent. The capital market though affected by uncertainties, performed
quarter. Overall, Thai economic growth for 2018 may be at 4.6 percent, while headline inflation is expected to average 1.1 percent. Meanwhile, the Bank of Thailand’s policy rate is expected to stay low at
evaluation of Thai listed companies, LH Financial Group Public Company Limited was rated among the top level of "Excellence : 5 Stars" for the 5th consecutive year. Overview of Economy and Competition in
year. As the loan quality was relatively stable, the ratio of gross non-performing loans (NPL) to total loans was 2.9 percent, nearly the same level at the end of 2017. The Bank of Thailand’s Senior Loan
evaluation of Thai listed companies, LH Financial Group Public Company Limited was rated among the top level of "Excellence : 5 Stars" for the 5th consecutive year. Overview of Economy and Competition in
accordance with the increase in registered capital and to be presented to the shareholders for approval. 4. Approve the increase in capital by: 4.1 Right Offering at the ratio of 5:2. Due to the level of
, which may affect certain business sectors. Regarding the Thai monetary policy, the Bank of Thailand’s policy rate is expected to stay at a low 1.50 percent for the entire year to accommodate domestic
reported the total revenue of THB 5,565 million, same level as FY2017 Hotel Business, Education Business and Other Business accounted for 83.2%, 7.6% and 9.2% of total revenue, respectively. Hotel Business