in higher costs and lower gross profit. In 2019, the Company ceased the faucet and plumbing business on 1 November 2019 and sold all faucet and plumbing products, resulting the reversal of the reversal

sector. Financing Cost The financing cost was barely zero during 1Q’20 as debt was paid-off. Net Profit Net profit of 1Q’20 plunged by 53% yoy. The company has sold land in 1Q’19 yielding profit before

and Service 962.18 1,113.20 -151.02 -13.57% Total Revenue 965.81 1,117.55 -151.74 -13.58% Net Profit for the Year 64.54 208.53 -143.99 -69.05% Net Profit for Shareholders of the Company 51.03 174.29

(%) Revenue from Sales and Service 230.39 240.31 -9.92 -4.13% Total Revenue 238.67 240.72 -2.05 -0.85% Net Profit for the Year 22.10 18.52 3.58 19.33% Net Profit for Shareholders of the Company 18.79 13.30 5.49

Public Company Limited (“the Company”) would like to clarify the operating results of the Company and its subsidiary for the 2nd quarter ended June 30, 2020 which has been audited by the independent

March 2019, which performed as targeted. This resulted in same store sales in the first quarter of 2019 at a satisfactory level, with the company having total income and net profit in the amount of

proportion of house brand product sales compared to previous period. The Company has focus in maintaining gross profit margin, emphasizing FN brand awareness and increasing FN brand equity, so the marketing

. Due to this business has low gross profit margin, to build up more sales revenue will result in good net profit. Sales revenue The Company had total sales revenue of Baht 948.70 million in Q2/2017

. Due to this business has low gross profit margin, to build up more sales revenue will result in good net profit. Sales revenue The Company had total sales revenue of Baht 917.7 million in Q2/2018

. Due to this business has low gross profit margin, to build up more sales revenue will result in good net profit. Sales revenue The Company had total sales revenue of Baht 945.6 million in Q1/2020