Ref. FN. 023/2018 Management Discussion and Analysis For operation of the first quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the

business The food sales for Q3’2018-2019 was Baht 1,840 million, increased by Baht 210 million or 12.9% from Q3’2017-2018, mainly from new restaurant outlet expansion and strong growth in sales of existing

restaurant’s operational expenses were lower due to outlet modification as mentioned above. Net Profit Although our business was impacted by COVID-19 pandemic, the company reported positive net profit at Baht

and closing 1 outlet of Sukiyaki No.1 restaurant at AC Saimai store, sales revenue of Restaurant and Food Centre reduce 8.9% 2.2 Gross profit by segment Unit: million baht for 3-month period ended March

closing 1 outlet of Sukiyaki No.1 restaurant at AC Saimai store, sales revenue of Restaurant and Food Centre reduce 8.9% 2.2 Gross profit by segment Unit: million baht for 3-month period ended March Detail

COVID Timeline and Cost-Saving Initiatives to Respond to the Situation The franchise outlet in Hong Kong will be ready in 1-2 month after the restriction on cross-border flight is lifted The slump in

comparing to the same period of the previous year. In addition, the sales volume of automotive exhaust pipes for export portion was also reviewed to adjust by the car manufacturers due to the impact of the

million baht from the same period of the previous year. This is due to the loss in operating results of a subsidiary company who is the exhaust pipe manufacturers in the automotive industry, it sales have

After You Public Company Limited (the “Company”) operates dessert and bakery businesses. The Company divided its businesses into 2 categories, including 1) Dessert café and beverage outlet. As of 31