revenue loss from the Hong Kong Branch is estimated to be minimal since revenue from initial fee will not be impacted and the franchise fee income will continue to be recognized in Q4/2019 after the

had shutdown hours to improve the power plants machinery’s efficiency in the fourth quarter of 2023. In addition, revenue from solar energy system installation service decreased by Baht 21.5 million as

royalty and marketing fee rates for those franchisees renewing their franchise contracts. Other revenue grew from THB 21.2 Mn in 9M17 to 35.0 Mn in 9M18, an increase of THB 13.8 Mn or 64.9%. This increase

increasing the royalty and marketing fee rates for those franchisees renewing their franchise contracts. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel

margin was due to higher production efficiency in Branded product by our own manufacture combined with an increase in selling price of RTD coffee in traditional trade and cash van. Gross profits by

their study tour and attending a knowledge sharing session on "SEC Digital Technology Management," which can be applied to enhance work efficiency and support  innovations in the workplace. This event

organization to a business unit. The digital transformed will also be achieved to improve the operational process to be flexible and increase the efficiency of expense management and operational costs. The 4

the power plants machinery’s efficiency in the first quarter of 2024 higher than the first quarter of 2023. 3 Cost of sales and service Cost of sales and service for the period ended 31 March 2024 and

investors and beneficial owners of Thai nationality (“Thai investors”) to convert NVDR to common shares. In support of the amendment, the SEC has introduced the fee waiver regulations with the key points

network cost related with higher consumption, offset by cost efficiency effort. • Regulatory fee was Bt1,577mn, increasing 15% YoY and -0.3% QoQ, in line with core service revenue movement. The regulatory