mitigated by stronger sales of new product and also export markets. On the costs side SG&A increased by 11% however this was largely due to one shot impacts for investment projects that will materialize in
% Management service 1.1% Other income 1.2% Hotel Property development Food and beverage Management service Revenue from property development operations through sales of residential projects in both low rise and
electricity sales by the Hydropower Plant in LAOS PDR and the Solar Power Plant projects in Japan. The projects in Laos PDR resulted from a transition of weather from El Nino to Neutral and the gradually
on investment, however, the company has invested on the solar power generation on rooftop projects and received feedback from one company. Risks and Effects from the COVID-19 Outbreak Due to the
projects from government REVENUE Increased (Decreased) FOR THE YEAR 2020 (Million Baht) 2020 % 2019 % % Revenue from sale 1,049.16 61.28% 1,427.57 67.74% -26.51% Revenue from manufacturing and service 419.16
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
have completed a couple of significant projects contributing to higher recurring revenue going forward. Revenue from overseas markets has improved YoY but was offset with the reduction in non-recurring
baht or 3.63 % due to the increase in warehouse projects in This year 4. Revenue from Cross Border Service for the three-month periods ended March 31, 2020 and March 31, 2019 was 127.55 million baht and
was decreased compared to the same period of last year, the impact of the Coronavirus disease 2019 pandemic. Revenue from project works and services were decreased from those on-going projects in 2019
Company is in the process of developing the RH and AVA power plant projects, which the Company recognized financial costs associated with developing these power plants during the period as construction