down by Baht 0.76 million owing to its change in “Dai a to” product sale strategy from selling directly to consumers and doing own marketing to selling through distributors who are responsible for

revenue from suppliers. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel: 02-0195000 Cost of Sales and Services The cost of sales and service increased

mainly due to the increase in subsidy income from suppliers, partial subsidy income from supplier for opening new branch (Petchkasem Branch), the increase in financial support for the big flooding from

totaled Baht 270.78 million, decreased by Baht 29.62 million from 2018 as a result of paying to suppliers. 3. Shareholders’ equity As at 30 June 2019, the Company’s shareholders’ equity was Baht 1,474.48

dropping income from promotional activities with suppliers. 2. Gross profit was Baht 4,125.28 million, an increase of Baht 46.17 million or up by 1.13% over the same period last year. Despite the increasing

year such as manufacturing (number of factories, total production capacity), acquisition of raw materials or products for sale, number of raw material distributors, proportions of domestic and overseas

preceding year such as manufacturing (number of factories, total production capacity), acquisition of raw materials or products for sale, number of raw material distributors, proportions of domestic and

delay the purchase of raw materials in order to produce the products. The company is in the process of negotiating with the raw material suppliers and planning to solve the problems. For the three-month

2016, mainly due to higher selling price of all products, especially on PVC and Caustic Soda according to higher production cost of Chinese PVC suppliers and limited PVC and Caustic Soda export volume

purchasing to deal with new suppliers for better deal in term of better price, volume and credit term. Page 2 of 3 Selling and Admin Expenses % Selling and admin expenses to revenue of Q3 2017 and Q3 2016 are