- Translation - Management Discussion and Analysis for Interim Business Operations ผลการดําเนินงานสําหรับงวด 3 เดือน สินสุดวันที 30 มิถุนายน 2560 ( หน่วย : ล้านบาท ) 2560 2559 เพิม/(ลด) % รายได้จาก

Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc./(Dec.) % Construction income

cash received from long- term borrowings from a financial institution amount of THB 161 million and dividend payment amount of THB 417 million. Financial Ratio Analysis Financial Rate 12 months In 2018

2018 to Bt5,498 million as of March 31, 2019; short-term debt as well as the long term loan decreased due to increased cash flow from operations. As of March 31, 2019, Net Interest-bearing Debt to Equity

term loan decreased due to increased cash flow from operations and provisions for employee benefits increased in accordance with an amendment of the Labor Protection Act. As of June 30, 2019, Net

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended M arch 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc. / (Dec

received from long- term borrowings from a financial institution amount of THB 195 million and dividend payment amount of THB 417 million. -5- Financial Ratio Analysis Financial Rate 9 months In 2018 9

million at the end of 2019 to Bt5,160 million as of March 31, 2020; short-term debt as well as the long term loan decreased due to increased cash flow from operations; trade and other current payables

Analysis for the six-month period ended 30 June 2020 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information the six

explanation and analysis Quarter 1/2021 ending 31 March 2021 Attention: The President of, The Stock Exchange of Thailand Ziga Innovation Public Company Limited (“the Company”) manufactures and distributes Pre