selling expenses of 22.1 MB in Q2/2019 which increased from Q2/2018 by 0.5 MB or 2.3 percent (21.6 MB in Q2/2018) as result from the higher in transportation expense which was in line with sales volume

administrative expense as a percent of sales decreased slightly to 12.9% in 2Q18 compared to 13.2% in the same period in previous year. Selling expense as a percent of sales decreased slightly in line with higher

revenue respectively. The reason for this decrease in net profit is due to the lower gross profit as the cost of raw material increases. ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9

revenue in Quarter 3/2018 proportion was 3 0 % lower compared to 4 3 % in Quarter 3/2017. As income from Air freight in Quarter 3/2018 proportion is 51% which increase 34% with compare to Quarter 3/2017 and

assets of 153.38 million baht, most of which were trade receivables amount of 105.64 million baht due to lower sales from the COVID-19 situation. Next, the inventories decreased by 81.46 million baht due

lower gross profit margin than products served in store. EDITDA and EDITDA margin • The Company’s EBITDA in Q3/2019 and 9M/2019 were THB 98 million and THB 284 million, respectively, which increased by 58

, which usually have lower gross profit margin than products served in store. EDITDA and EDITDA margin • The company’s EBITDA in Q2/2019 and 1H/2019 were THB 95 million and THB 186 million, respectively

sales of natural gas power plant decreased by Baht 513.5 million from decrease in unit rate which is adjusted in line with the decrease in average natural gas price, thus sales also decrease in line with

within the expected range 3.) strong tourism performance especially from increased foreign tourist arrivals from Malaysia, Japan, Hong Kong and India, despite having been affected by lower arrivals from

Dusit Thani PLC Management Discussion and Analysis For 2Q19 and 6M19 P a g e | 1 Executive Summary In 2Q19, the Company reported the net loss of THB 22 million which it was THB 23million lower than