in gross profit. 3. Details of the revenue from sale are as follows: Type of product 1 st quarter of 2020 1 st quarter of 2019 Single Detached House 75% 80% Town House 16% 13% Condominium 9% 7% Total

1 Ref FN. 023/2020 Management Discussion and Analysis For operation of the first quarter of year 2020 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Ref. FN. 036/2017 Management Discussion and Analysis For operation of the second quarter of year 2017 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

House hotels completed. The major renovation of Vienna House Easy Cracow, Vienna House Easy Bucharest, Vienna House Diplomat Prague and Vienna House Amber Baltic were completed in 2Q 2019. 24 May 2019

8,875m, increased by 128% YoY. Major drivers of such growth were 298% increase in revenue from sales of house and condominium together with 38% increase in revenue from rental and services which mainly

the increase in the gross profit margin that expanded from 14.5% in the second quarter of 2018 to 16.5% in the second quarter of 2019 and more efficient cost management that caused selling and

strategy, the increase in the gross profit margin of house brand products, and more efficient cost management. 3. Selling and administrative expenses was Baht 484.33 million, a decrease of Baht 14.33 million

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million or 36.70%. (3) Golf Course and Property Management Business Since the opening of the new club house in February 2018, the new club house increased the Company’ s competitive advantage in services of

1 Ref. FN. 033/2018 Management Discussion and Analysis For operation of the second quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet