recorded gain on fair value adjustment of investment due to reclassification in the amount of Baht 2,030 Million, net of corporate income tax. 4. On September 21, 2018, the Supreme Administrative Court

the total Liabilities. Current Liabilities as of year 2018, mainly due to a decrease in accounts payable and other payables. ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9 NAIKLONGBANGPLAKOD

revenues 2.11 1.05 1.59 1.01 32.70 Total revenues 201.54 100.00 157.79 100.00 27.73 The quarter 1/2018 sales were THB 197.28 million, increased 28.15% from THB 153.94 million of same period last year due to

was mainly from the Company managing to reduce raw material costs due to cheaper sources of raw materials imported and the reduced energy. For the three-month period ended 30 September 2019, the selling

Yai, Chachoengsao, Rayong and Diana Hat Yai Branch. Industry Overview Thailand’s overall economy expanded at a slower pace than expected in 2Q19 due to external demand. The escalated trade tension

) (6.24%) Gross Profit 1,229.18 8.54% 1,181.34 8.73% (47.84) (3.89%) Other income 6.80 0.05% 6.06 0.04% (0.75) (10.99%) Total revenues 14,395.04 100.00% 13,524.76 100.00% (870.27) (6.05%) Distribution costs

51% 405 599 48% Cost of sales (68) (111) 63% (132) (210) 59% Gross Profit 138 201 46% 273 389 42% Other Income 3 3 0% 5 5 0% Selling and distribution expenses (68) (85) 25% (134) (160) 19

distribution of round bar, steel products and structural steel products. Operating performance for the year ended December 31, 2019 Company and its subsidiaries with revenue from sales and services amount of

and increased by Baht 2,888 million or 117% from Q1/2019. This was mainly due to the following reasons: Executive Summary Comparing Q1/2020 vs Q4/2019 Comparing Q1/2020 vs Q1/2019 YoYQoQ The Proportion

Distribution Center (Bangna) consist of land and building, printing machine and equipment, and (2) Office building (Klong Toey) consist of land and building, and passed a resolution to approve the Company to