THB 460.9 MB respectively, equivalent to 95.3% and 92.2% respectively of the total Liabilities. Current Liabilities as of year 2018 decrease by decreasing in trade and other payable. ZIGA INNOVATION

overall sales volume, the Company and its subsidiaries brought 1.6% growth of Gross profit margin versus 2017 by the strong contribution of Epicerol® business. 2. In 2018, distribution costs, administrative

number of backlogs which the units were under construction from its newly launched projects during the fourth quarter of 2018 and from its existing projects. In addition to the continuous growth of its

was THB 86.19 million, an increase of THB 23.29 million or 37.04%. The majority of revenue from rent and service was come from leasing space of warehouse/factory in Bangkok Free Trade Zone Project (by

21.1% and export sales was 78.9% of total sales. Domestic sales decreased by 11.2%, mainly due to high competition in local market , while export sales increased by 26.0%, primary from sales growth in

Liabilities as of year 2018 decrease by decreasing in trade and other payable. ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9 NAIKLONGBANGPLAKOD, PHASUMUDJADEE, SAMUDPRAKARN 10290 Tel. 02-816-9315 Fax

of the market competition both of the competitor and the pricing, some project could not continue to extend the services. However, the Private sector’s customer has continued growth, both from new

/2018 decrease by decreasing in trade and other payable. 2. Non-current Liabilities As of the year end 2017 and Q3/2018, The company ’ s non-current liabilities THB 38.8 MB and THB 23.8 MB respectively

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

. Thailand registered a GDP growth of only 2.4% during 2019 against 4.1% in 2018 with the fourth quarter 2019 growth at merely 1.6%. Further, Total Hot Rolled Steel consumption for 2019 at 6.66 million MT