million which decreased of Baht 7.2 million from Q1/2017 due to decreasing of price of fattening pig about 14% page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM) in Quarter 1/2018 was Baht 220.9

% Service revenues 2.8 2.1 0.7 34.1% Total expenses 459 353 106 30% Cost of sales 374 273 101 36.7% Cost of service 2 1.7 0.3 17% Selling expenses 55 50 5 10% Administrative expenses 28.5 28.4 0.1 0.2% Profit

working capital. Tax Expenses Income tax expense increased from THB 12.2 Mn in 9M17 to THB 25.1 Mn in 9M18, an increase of THB 12.8 Mn. This was mostly due higher profit from Japanese and Thai restaurants

” which were acquired in 2016 and 2017 respectively. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel: 02-0195000 Net Profit The net profit decreased

206.0 million of which 5.7% increased from Year 2017 or in Baht 11.1 million due to increasing of price of fattening pig in Q4/2017 about 27%. page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM

(Million Baht) 31.2 833.1 (801.9) (96.2%) Total cost of sales and cost of services (Million Baht) 30.7 888.6 (857.9) (96.5%) Gross profit (loss) (Million Baht) 0.5 (55.5) (56.0) (100.9%) For the year 2018

gross profit for the year 2019, an increase of Baht 18.60 million compared to the previous year from increased revenue and cost management by carefully set up own operational and maintenance for machines

price raising of fattening pig from the previous year. Page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM) in 2019 was Baht 752.2 Million, decreased from 2018 by Baht 13.2 Million, or 1.7%, GPM

essence as follows: Operating Result Company’s Financial Statement for the year 2019 has net profit amount to Baht 1.47 million or Baht 0.08 per share compared to the net loss of Baht 10.71 million in year

& Information Technology Infrastructure Business, followed by the revenues from Telecommunications Infrastructure Business. The gross profit margins for the periods were 17.43% and 17.49% respectively. The