Microsoft Word - MD&A 3Q2020-E_Final by FA&Mark _3 Nov 2020_.docx 1 Ref: CSO. 034/2020 Date: 3rd November 2020 Subject: Management Discussion and Analysis Quarter 3 Ending 30th September 2020

explanation and analysis Quarter 1/2021 ending 31 March 2021 Attention: The President of, The Stock Exchange of Thailand Ziga Innovation Public Company Limited (“the Company”) manufactures and distributes Pre

page1 from 4 13 May 2020 Subject : Management Discussion and Analysis Quarter 1 Ending 31 Mar 2020 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited would like

explanation and analysis Quarter 1/2020 ending 31 March 2020 Attention: The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited (“the Company”) would like to clarify operating

the second portion of the Sale Shares, in addition to being subject to the Share Purchase Conditions, are also subject to that any of S-TREK’s audited financial statements for 12-month period ending on

subject to the Share Purchase Conditions, are also subject to that any of S-TREK’s audited financial statements for 12- month period ending on 31 December 2019 to ending on 31 December 2021 must have a net

- denominated borrowings from Baht 229 million in 2016 to Baht 1,113 million in 2017 due to an appreciation of the Baht against the U.S. dollar at the ending of each financial statement period causing reduction

sales, sales in the Company’s major focused countries still could continue to grow.  Export CMG sales decreased by c.45% YoY, since there was some customer ending the distribution contract with some

SUBSIDIARY MANAGEMENT DISCUSSION AND ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2018) (1) Overall Operating Results For the year 2018, the total revenue from

have been Baht 1,235 million which was higher than Q3/2018 total sales of Baht 1,204 million, a growth of 3% YoY.  In 9M/2019 ending 30 September 2019, the Company and its subsidiaries recorded total