30 SEPTEMBER 2020 LH Financial Group Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2020 Page 2/19 Overview of Business Operation LH Financial Group
comply with the terms and conditions of the loan agreement with the commercial bank. (6) Factors Having Impact on Future Operating Results The economic situation for year 2018 is expected to recover going
March, 2020. The details are as follows; Operating Performance 1. Revenues Unit: Million Baht In the overview of Revenue from sale – net for the 1st quarter 2020 under the situation of the Outbreak of
manufacturing activities of the major industries that disappeared during the epidemic situation and lockdown, with the sales of the automotive slump and with its higher margin product, being the most affected by
interest of most consumers. Due to the intensifying outbreak of COVID-19, After You has added more strategies in response to the changing situation as follows: Launching New Products to Serve Customers
Limited (“AIL”) had already registered its dissolution with the Department of Business Development Ministry of Commerce on July 7, 2021 and currently in its liquidation process. Gross Profit (Loss) ท่ีตั้ง
is slightly higher than in 2020. Furthermore, In 2021, the situation of the COVID-19 epidemic is more severe than in 2020, causing the work style to change and the company has a policy for employees to
5.0 percent in which the Russian tourists had the highest growth at 24.9 percent, following by the tourists from East Europe and Spain with 18.3 and 4.8 percentage growth respectively. For the situation
factors and business models. The overall economic growth in 2018 is expected to be 4.5 percent, driven by both domestic and external demand. Nevertheless, the Thai economy continues to face downside risks