MDA_EN_1Q17 Management Discussion and Analysis for the 1 st Quarter 2017 ended May 31, 2017 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated
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4.37 million cubic meters in 2Q2018, or increased by 7% mainly from increase demand of existing customers. Wastewater sales volume and management increased from 8.65 million cubic meters in 2Q2017 to
Management Discussion and Analysis For the Financial Result of Quarter 3 Year 2017 Ended Semtember 30, 2017 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and
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phases (Phase 1 and Phase 2) in November 2017 allowing a the first full operation quarter in Q1/2018. This caused the gross profit to increase by Baht 184 million or 60% from Q4/2017. Management Discussion
1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 24 February 2020 No. ZEN 2563-003 Subject Management Discussion and Analysis for