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

base compared to the same period of last year, Revenue from project work and services decreased. Because such income depends on value of fire fighting contractor projects each year. Gross Profit and

booking of revenue received in advance for new projects and recognition of various unearned revenue from consolidation of TigerSoft. The amount will be recognized progressively as revenue within a 12-month

to commissions fee from electrical engineering projects. However, in comparison with total operating revenue, SG&A per revenue decreased from 7.0% in 3/2018 to 6.2% in 3/2019 due to budgeting control

accordance with the Company’s target to consistently launch new service projects every year. However, due to the uncertainty of the merger situation of mobile operators during this period, as a result, each