margin (excluding depreciation) in Q2-2017 was achieved at THB 834/ton, lower by 80% from last year quarter. - Sale volumes (Coil tons) in Q2-2017 achieved at 315,610 tons which were a slightly increased

aforementioned electricity fee since December 2011. According to Separate Financial Statements of the Company as at 30 September 2017, the Company has total liabilities of THB 17,622 million, which can be

and Cash Equivalents Taking into account all the aforesaid as well as (i) an increase in translation adjustment, (ii) cash and cash equivalents of subsidiaries at acquisition date, (iii) cash and cash

account all the aforesaid as well as (i) a decrease in translation adjustment, (ii) cash and cash equivalents of subsidiaries at acquisition date and (iii) cash and cash equivalents of subsidiaries at

the Year as at 31 December 2018 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are please to inform you our management discussion and

, 2017 to THB 75.27 million from the three months period ended March 31,2018. This was mainly due to the deferred product delivery from the package adjustment to match with the requirements of China Food

98.79 100.00 85.40 100.00 Sales Revenues Recorded total revenue of the company and its subsidiaries in the 1st quarter 2020 is 98.79 million baht, almost all is sales revenue amounted at 97.13 million

The Company 82.77 176.41 -53% * Non-cash items included depreciation as well as accounting adjustment Page 2 of 4 Revenue from hospital operations of the first quarter of 2020 (“1Q’20”) was THB 447.23

went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with

ratio swung between 67.6% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much