significantly transaction changes. 2. Cost of sale , Profit margin For Quarter 2 of the year 2020, the company had cost of sale of 98.72 million bath compare to 93.54 million baht last year with the increasing of

59 61 23% 19% Core EBIT 204 81 148 152% 38% Core Net Profit after Tax and NCI4 118 48 50 146% 135% Core Net Profit after Tax and NCI (THB m) 3,560 1,459 1,562 144% 128% Core EPS after PERP Interest

from ‘International Advertising’  Expanded our footprint to Vietnam market – the fastest growing economy in Southeast Asia  Net profit excluding minority interest was THB 161mn KEY BUSINESS AND

Company's ordinary shareholders resulting in a decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to not more than 28.57%. However, CAZ will still be the

) 4Q 2016/17 4Q 2017/18 YoY (%) 2016/17 2017/18 YoY (%) (Restated) (Restated) Operating revenue 864 1,128 30.6% 3,051 3,936 29.0% Cost of sales 357 406 13.8% 1,269 1,535 21.0% Gross profit 507 722 42.5

% Finance cost 18.41 36.80 18.39 99.89% Income tax expenses 22.21 28.27 6.06 27.29% Net profit 80.50 95.26 14.76 18.34% Net profit ratio (ROS) 18.98% 20.67% Earnings per share (Baht) 0.13 0.16 0.03 23.08

Change THB million % THB million % THB million % Revenue from services 973.8 100.0% 1,144.9 100.0% 171.1 17.6% Costs of services 549.5 56.4% 764.5 66.8% 215.0 39.1% Gross profit 424.3 43.6% 380.5 33.2

and Service (2) 392.3 51.8% 200.5 61.2% -48.9% Gross Profit 364.4 48.2% 127.2 38.8% -65.1% 6 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02

) (0.53%) 10,339.00 91.78% 9,454.98 91.43% (884.02) (8.55%) Gross Profit 297.93 8.30% 314.63 8.77% 16.70 5.61% 920.16 8.17% 881.51 8.52% (38.65) (4.20%) Other income 3.60 0.10% 1.19 0.03% (2.40) (66.81

% Adjusted EBITDA(1) 254 146 74% 253 0.4% 507 361 40% Adjusted EBITDA Margin (%) 6.5% 4.4% 2.1% 4.8% 1.7% 5.5% 5.9% -0.4% Net Profit -344 -36 856% 239 -244% -105 -16 556% Extra Item(2) - 14 -100% - N/A - 16