Utilities Business consists of Excessive Charge for additional Utilities demand and Service Fees for Wastewater Management. 3 Gross Profit from Operation excludes Other Income from Utilities Business. 4 Other

customers are well known and have good reputation in the IC, and electronics industry. Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts

period of 2016 decreased by Baht 0.09 million or a 1.43 percent decrease compared to the three-month period of 2015 due to the decrease of revenue from utilities, revenue from management fees and actuarial

, and dividend payment during the year. - The decrease in inventory amounted Baht 120.82 million or 12.17% due to the increment of sales volume during the year and inventory management policy. - The

is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts receivable were 63 days in 2017, 61 days in 2016 and 59 days in 2015. Trade Receivables

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 28 February 2019 No. ZEN 2562-010 Subject Management Discussion and Analysis for

. 1 Tambon Tarsit, Amohoe Pluag-daeng, Rayong (Translation) 1 KWM 007/2562 May 14th, 2019 Subject : Management Discussion and Analysis the three month-period ended March 31, 2019 To : President The

1 Ref FN. 036/2019 Management Discussion and Analysis For operation of the second quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

-Translation- Ref. EIC-AD017/2018 May 15, 2018 Subject: Management Discussion and Analysis for the Quarterly Performance Ending March 31, 2018 To: President The Stock Exchange of Thailand Reference is made to

MDA Q2_61 EN -Translation- No. ECF2 033/2018 August 15, 2018 Subject: Management Discussion and Analysis of the 2nd quarter ended June 30, 2018 To President The Stock Exchange of Thailand East Coast