: Management explanation and analysis for the 3rd Quarter ended 30 September 2018 Attention : The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited (“ the Company”) would like

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crop season. CMG inventories from customers’ stock also increased. Meanwhile, there was also higher trade receivables resulted from higher sales contribution of domestic whose collection period is longer

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and

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