31, 2019 because of the borrowing from financial institutions. The debt to equity ratio stood at 0.19 time and the current ratio was at 2.88 times. - The shareholders’ equity amounted to 1,427.88

14.98 million or 26.00% compare with the same period of 2019. This includes the decreasing in interest income from Credit Balance by Baht 11.08 million and from cash deposit at financial institutions and

decreased 18.58 million baht. Due to the crisis of the COVID-19 epidemic causing real estate developers to delay investment in new projects. In addition, financial institutions are strict in lending to

2019. This includes the decreasing in interest income from Credit Balance by Baht 3.60 million and from cash deposit at financial institutions and Government Bond by Baht 3.59 million. 4. The

institutions. The Company saw the debt to equity ratio at 0.15 times and the current ratio of 1.55 times. The shareholders’ equity The shareholders’ equity stood at 1,517.83 million baht, decreasing by 28.68

repayment of loans from financial institutions. 6 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 Shareholder Equity As of 31 December 2018

end of 2018, which were THB 1,355.90 million or 39.33% of total assets. The major change in liabilities comprised of short term borrowing from financial Institutions of THB 101.00 million for working

institutions 744.6 250.0 494.6 197.8 Trade and other payables 979.6 1,341.0 (361.4) (27.0) Unbilled payables 1,152.0 830.4 321.6 38.7 Current portion of liabilities under financial arrangement agreements 93.4

financial institutions 900.0 250.0 650.0 260.0 Trade and other payables 764.0 1,341.0 (577.0) (43.0) Unbilled payables 1,042.7 830.4 212.3 25.6 Current portion of liabilities under financial arrangement

execute foreign exchange transactions with financial institutions in https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9849 SEC advises the public to be cautious about using services of unlicensed