robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

Quarter of 2020 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are pleased to provide you our management discussion and analysis for the 1st

from selling crude palm oil for THB 105.29 million, 3,396 tons at average selling price of THB 31,000 Baht/ton. The revenue from by-products in the 1st quarter of 2015 has decreased from the 1st quarter

, the decrease of Availability Payment profile as specified in the PPA is the key reason of the decrease in Normalized Share of Profit from GHECO-One. Nevertheless, GHECO-One still provide a strong cash

was commissioned to provide an independent opinion (thereafter “Second Party Opinion” or “SPO”) on the integration of three environmental factors to the Sustainability-Linked Bonds (the “SLBs”) to be

with Q1/ 2021, the reason for the decrease because the main raw material, which is Sweet corn can be harvested late due to inclement weather, making it unable to operate at full capacity and fully

industry Black Liquor from Paper Mill Used Oil/Solvent from Chemical Industry Used Tires from Auto Industry Waste Reject from Paper Mill Actual 2020: 14.3% substitution by heat • • • Raw Mill Cement Mill

each product whereby particle-board and MDF are the main raw materials for furniture business. In this regard, the Company prepares to provide the way of reduction for cost and expenses of the production

) % Total Sales and Services revenue 2,232.71 2,249.07 16.36 0.73% Raw water revenue 1,433.96 1,310.05 (123.91) (8.64%) Tap water revenue 702.23 708.00 5.77 0.82% Rental and services revenue 85.73 82.68 (3.05

of the bills. - In case of bills having  an agreement to provide additional collateral for debt repayment, such agreement must be enforceable under the law.   - Applicable to the offering of short-term