วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 010/2019/EN 15 May 2019 Subject: Management Discussion and Analysis of the Company and its subsidiary for period ended 31 March 2019 To: The President of the

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 002/2020/EN 26 February 2020 Subject: Management Discussion and Analysis of the Company and its subsidiary for the year ended 31 December 2019 To: The

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 012/2018/EN 15 August 2018 Subject: Management Discussion and Analysis of the Company and subsidiary for the period ended 30 June 2018 To: The President of the

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 021/2019/EN 11 November 2019 Subject: Management Discussion and Analysis of the Company and subsidiary for the period ended 30 September 2019 To: The President

Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel: 02-0195000 18 February 2019 No. ZEN 2562-008 Subject Management Discussion and Analysis for 9

caused, revenue from sales of domestic and export decreased about 12% and 18% respectively. Analysis of Profit (Loss) of company and its subsidiaries In 2018, the company and its subsidiaries have loss for

%. Analysis of Profit (Loss) of company and its subsidiaries The Q3/2019, the company and its subsidiaries have loss for the period of Baht 297.0 million as compared to the 2018, the company and its

1 Forth Smart Service Public Company Limited (FSMART) 3Q19 Management Discussion and Analysis Operational Summary in 3Q19  Net profit was Bt144mn, decreasing 1.1% YoY.  Total revenue from core

of Thailand Enclosure : 1. Financial Statements for the Years ended 31 December 2017 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Audited