1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 8 May 2020 No. ZEN 2563-011 Subject Management Discussion and Analysis for the 1st
forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s
. Nevertheless, Thailand continued to maintain its strong external fundamentals over the course of 2018 with a current account surplus of approximately 7.5 percent of GDP and international reserves standing at 1.3
appliances. For the past six years, tourism has continued to expand briskly. In 2017 alone, Thailand received approximately 35 million foreign visitors, generating Baht 1.82 trillion (approximately US $53.6
1 (Translation) MD. 107/2018 August 8, 2018 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2018 To: President The Stock Exchange of Thailand Management
1 (Translation) MD. 155/2018 November 14, 2018 Re: Management Discussion and Analysis For the Operating Results ended September 30, 2018 To: President The Stock Exchange of Thailand Management
portfolio of hotels in desirable global holiday destinations, as follows (1) Two self-manage hotels in Thailand, operate under independent branding, namely, Phi Phi Island Village Beach Resort located on
20 million mainly due to one off provision for employee retirement benefit as per new announcement of Labour Protection Act in last year quarter. • Financial costs The financial costs for the 2nd
of Thailand Enclosure : 1. Financial Statements for the Second quarter ended June 30,2020 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Reviewed