decreased by 20.32 million baht comparing with Q3/17 and decreased by 23.19 million baht comparing with Q4/16 due to the decrease of export to Malaysia. Although, exports to India have increased, but the

decreased by 20.12 million baht comparing with Q3/17 and decreased by 21.77 million baht comparing with Q4/16 due to the decrease of export to Malaysia. Although, exports to India have increased, but the

) positive same-store-sales growth during 2017, (2) opening new branches and (3) increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017

HOLDINGS PUBLIC COMPANY LIMITED FOR THE YEAR 2020 1. STATEMENTS OF COMPREHENSIVE INCOME 1.1 Revenues from sales and services (Unit: Million Baht) For the year Movement 2020 2019 Increase (decrease

revenue respectively. The reason for this decrease in net profit is due to the lower gross profit as the cost of raw material increases. ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9

decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08

Q1/2017 (If excluding construction revenue under concession agreement of 990.07 million Baht, the total consolidated sales and services income would decrease by 74.75 million Baht or 7.02% compared to

Million Baht, decrease of 12.93 Million Baht or 345.80% comparing to the same period last year. Loss to equity holders of the parent is 11.14 million baht decrease of 12.96 Million Baht or 711.92% comparing

herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2018 2017 2016 Increase (decrease) 2018-2017 1.1 Construction material 233.01

foreign. The global and Thai economy are slowdown, which impacts on the decrease in the production of Thai automobiles and motorcycles. The Company, as the 1st Tier and 2nd Tier rubber part manufacturer