segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers

cause volatility in earnings due to effects on the operating margins and also inventory valuations (which the management report each quarter when there is a material effect on the profits) and margins

margins. As a result, the increase in total operating expenses in Q2-2017 was higher than the increase in total revenue. The profit of Q2-2017 was significantly lower than those in Q1-2017 due to the

slightly decreased from 6.6% in Q2 2016 to 6.3% in Q2 2017, as improved margins in the automotive parts segment, driven by improved efficiency, was impacted by lower margins in the car dealerships. Selling

99.34% YoY as a result of fully repayment of all bank loan in late 2016. 5. Net profit and net profit margin The 3Q17 net profit was Baht 17.39 million, representing the net profit margins of 6.55% and

operating margins and also inventory valuations (which the management report each quarter when there is a material effect on the profits) and margins. Foreign Exchange Rates The THB/USD currency movements

from the 1Q19 catalyst turnaround at our EO-EG facility in USA and due to the plummeting MEG margins in Asia although cushioned by the lower cost USGC economics. On the other hand, our Purified EO (PEO

mainly because the volume of batteries sold decreased due to the impact of COVID-19. The Company’s gross profit margins for the first 6-month period of 2019 – 2020 were equal to 18.60 percent and 20.70

margins in the customer segment. Opportunities to be a part of important projects in Thailand continuously. As a result, the Company's revenue and profit margins grow. ZIGA Innovation Public Company Limited

inventory on lower- margins from sales. Total expenses were Baht 450.0 million, decreased by 5.9% compared to same quarter last year due to measures taken up to control expenses. As a result, the Company