and services income totaled Baht 4,055 million, increasing by Baht 349 million or 9.4% from 2016. For Capital Market business, fee from Asset Management business totaled Baht 535 million, an increase of

increasing in popularity among data users to optimize spending and impeded operators to monetize sharp increase in data usage. Although the industry was able to uplift the price of unlimited packages to

MD&A Q2Y2019 (E) - 07.8.19 RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2019 Management Discussion and Analysis For

-recurring revenue. As a result of consolidation, non-recurring revenue increased by 37.97mb or 33.8% increase year-on-year. Recurring revenue from Financial Solutions increasing by 4.35mb or 7.0% but offset

and Baht 118.10 million, respectively, increasing by Baht 110.59 million or a 93.64 percent increase compared to Q1/2015. Details are as follows: 1.1 Revenue from selling immovable property For Q1/2016

working capital management. (b) Total Liabilities Total liability as of March 31, 2020 was 298.88mb, increasing by 123.29mb or 70.2%, m ain ly due to recognition of liabilities under finance lease agreement

cash flow generated from operations and good working capital management. (b) Total Liabilities Total liability as of September 30, 2019 was 168.73mb, increasing by 61.42mb or 57.2% , m ainly due to the

23 April 2018 At: ACC/HO 016/61 Re: Management Discussion and Analysis for the three-month period ended 31 March 2018 To: President The Stock Exchange of Thailand During the first quarter of 2018 the

10th May, 2018 Subject: Management Discussion and Analysis (MD&A) of the financial as at and for three months’ period ending 31st March, 2018 Attention: President The Stock Exchange of Thailand P.C.S

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel: 02-0195000 18 February 2019 No. ZEN 2562-004 Subject Management Discussion and Analysis for