services decreased by 42.8 percent. 1.4 Selling expenses Selling expenses consist of sale staff expenses, transportation expenses and promotion expenses. For the period of three months ended 30th June 2020

. Close to the same period when compared with the same period last year. This was due to the reduction of expenses related to rental, employee expenses, sale promotion expenses and non- performing debt

from operations. The significant changes of the selling and administrative expenses can be explained as follows: Decrease in selling and promotion expenses of THB 6.64 million. Decrease in provision for

increased from the prior year or 2.1 percent. The sales of Consumer Products comparing with the previous year increased at Baht 102 million or 12.1 percent as a result of promotion and new products such as

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q1/2020 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2020 After fully completed the acquisition of Glow Energy Public Company Limited (“GLOW”) in December 2019, the Company holds 99.83 percent of GLOW's total issued and sold shares, therefore in Q1/2020, the company recognizes the full operating results from GLOW, together with the investment projects and projects that have been opened f...

in promotion discounts to stimulate consumption. 6 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 Selling and Distribution Expenses

year by Baht 6 million or 20.44 percent, due to the increase in sales promotion expenses of Baht 5.50 million and increase in service expenses of Baht 0.77 million but there was a decrease in salary and

cogeneration independent power supply project with the generation capacity of 40 megawatts. It will be located in Nava Nakorn Industrial Promotion Zone, Nakhon Ratchasima province. The project cost is

778.1 28.4% 949.2 35.6% 171.1 22.0% Sales promotion income 61.8 2.3% 69.3 2.6% 7.5 12.2% Other income 49.7 1.8% 39.5 1.5% -10.2 -20.6% Profit before expenses 908.8 33.1% 989.2 37.1% 80.5 8.9% Management

% due to 1) a decrease in sales from restaurant businesses (2) an increase in packaging costs from more sales via delivery and (3) increased promotion discounts to stimulate consumption. The gross profit