RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2020 6 7. FINANCIAL POSITION ANALYSIS Financial Position (MB) As of 30 Jun 2020 As of 31 Dec 2019

financial position 4. Analysis of the consolidated cash flow 5. Future operating trends Summary of the Company's operating results In 2Q2020, particularly in April, was the peak of the Coronavirus pandemic

also later opened up to all employees. Maintaining a strong liquidity position has been 2 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02

. FINANCIAL POSITION ANALYSIS Financial Position (MB) As of 31 Mar 2020 As of 31 Dec 2019 Increased (Decreased) % Total Assets 22,096.70 21,180.88 915.82 4.32% Total Liabilities 10,766.33 10,167.06 599.27 5.89

to provide full services, and implementing a voluntary leave without pay scheme, initially for management but also later opened up to all employees. Maintaining a strong liquidity position has been a

of Thailand 1. Analysis of Operating Results and Financial Position for the Company and its subsidiary 1.1 Analysis of Operating Results for the Company and its subsidiary for the 3-month period ended

Company’s position to continuously innovate new “To-Go” products and provides greater accessibility of the products to customers. In 2H/2020 and going forwards, the Company expects to increase modern trade

MD&A Advanced Info Service Plc. Financial position (Post TFRS 9&16) As of ending Jun- 20, total asset stood at Bt368,074mn, increasing + 27% from ending Dec- 19 mainly from new spectrum acquisition in

. The growth resulted from the boost of promotions and marketing activities, enabling the Company to gain various and higher-potential clients and further strengthen its market position. The Company has

position. Besides, shareholding portion in subsidiary reduce because GJ Steel increase registered capital which lead to the increase in number of shares, hence, the Company shareholding portion decrease