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

promotion expenses. For the period of three months and period of 1st half ended 30th Sept 2020, the Company and its subsidiaries had selling expenses of Baht 12.87 million and 23.83 million, compared with

. 1.4 Selling expenses Selling expenses consist of sale staff expenses, transportation expenses, commissions and promotion expenses. For the period of three months and period of 1st half ended 30th Sept

cogeneration power plant with power generating capacity of 110 megawatts and steam generating capacity of 10 tons per hour. It is located in the south of Nava Nakorn Industrial Promotion Zone, Pathum Thani

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q2/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 For Q2/2019, the EBITDA of the company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s performance after the acquisition of GLOW including Independent Power Producer (IPP), Small Power P...