drinks in formats of bottle, non-carbonated can, and carbonated can for overseas market was at 32.9% declined from the gross profit margin of 33.6% in the corresponding period last year. Such decline due
Alternative Investment (mai) in March 2019 amounted to THB 41,826 billion, declined from THB 57,673 billion in the year 2018. SET Index yielded positive returns in the first quarter of 2019. Weighed by
mainly from airport-related services and unallocated revenue which rose by 11.6 percent and 35.0 percent respectively. The revenue from airline business slightly declined by 4.2 percent from highly intense
slightly declined by 4.2 percent from highly intense competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6
and Real estate investment trust declined. 2. FUND MANAGEMENT BUSINESSS LH Financial Group Public Company Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2019 Page 18/21
margin declined yoy due to the lower operating results of each business segment (except food business). Despite the lower interest coverage ratio in 1H19 compared to 1H18, the Company expects to see
market falling, while REITs still provide attractive returns, meanwhile, equity fund, fixed income fund and balanced fund declined. Analysis of the Operating Results The operating results of Land and