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

café which has a higher gross profit margin than sales from other distribution channels. The Company has also displayed the ability to manage cost efficiently. G R O S S P R O F I T a n d G R O S S P R O

has cost competitiveness and will enhance the Company’s production base for emerging markets in Southeast Asia, while LQSF’s wide-coverage distribution that reaches almost all regions of Vietnam will

the Company has increased distribution channels to export content since the second quarter of 2018. Costs of program rights business mainly consist of amortization, dubbing and translation costs. For

-6.3% 1.5% SSSG of Hardline segment -4.4% -0.1% SSSG of Food segment 1.1% 2.2% (1) Other income comprises revenue earned primarily from promotional, advertising income and logistics and distribution

/ HDPE / PP Shrink Film for cutting and forming. Currently, the capacity is 1,200 tons/year. Therefore, VAVA will not compete with the Company and VAVA will stop production and distribution of flexible

recognition of revenue in Q3/2019. Pop-Up Stores will become the Key Additional Distribution Channel in Q4/2019 As of 30 Sep 2019, there were altogether 38 operating branches in Thailand. According to the

pandemic situation started to relieve and reopened the dine-in areas. As a response to pandemic situation, the Company has reduced selling and distribution expenses by controlling part-time staff expenses

have impacts in the future, especially a new round of COVID-19 outbreak. The Company has planned to improve the Pop-up store distribution system to have higher adaptability and prepared necessary human

Mikka cafe branches with franchise contracts by focusing on distribution branches to provide services in provincial areas in large cities to increase opportunities to reach consumers. At the end of 2021