course of increasing the distribution of products to cover the relevant areas in place of sales from one of the previous distributors whose distribution agreement had been terminated last year, and started

, 2019. The Group has an increase of Shareholders’ Equity amount of 908.5 million baht, or 10.3%, compared to the year 2018 (December 31st, 2018) mainly from the increasing of business profits from the

increase of Baht 77.57 million or 38.01% resulting from the recognition of revenues and expenses from the Company. Universal Worldwide Transportation Limited, as the cost increases, thus increasing the

of sales and administrative expenses were approximately proportion when comparing to the same period last year. However, the company had significantly increasing financial costs from the issuance of

was THB 193.6 MB and THB 160.8 MB respectively, equivalent to 67.3% and 78.4% of total cost of sale respectively. An increasing in cost-of-sale was derived from the rise of average steel-coil price

amounted Baht 25.84 million, up by Baht 13.92 million or 116.83% The Company and its subsidiaries had income tax expenses of Baht 25.84 million, increasing from the prior year by Baht 13.92 million or 116.83

increasing by 268% compared to the period at the previous year. 2. Financial Performance Summary – by business Revenues by business THB’000 Consolidated Q1/2018 Q1/2017 ∆% Distributor of medical devices and

the same period of prior year. It decreased from the declining in revenue and gross profit and the increasing in administrative expenses. Financial Position As at 30 June 2018, the Group reported total

million to Baht 158.61 million in the amount of Baht 25.20 million or an increase of 18.89%. As a result, the company adjusts its sales policy. By increasing the sales of modern retail stores and department

total cost of sale respectively. An increasing in cost-of-sale was derived from the rise of average steel-coil price, which the average steel-coil price is in the upward trend since 2016. ZIGA INNOVATION