interest to acquire the business, and it was Rapi himself who had signed on the associated memorandum of understanding and arranged for the new investors to conduct a due diligence on the business and assets

February 2018. In addition, the Company arranged more marketing events than prior year such as “FN Fair” at head office and “FN Thank you sale” at branches. The sales proportion in 1Q18 has been increased

. However, the Company has continued to expand new distribution channels such as Pop-up Store, Mini Shop at HQ Rama 9, and E-commerce. The Company arranged marketing activities to draw customers and to

sales were in line with plan. 1Q19 sales was Baht 238.99 million, decreased by 8.73% YoY. Since domestic consumption in 1Q19 was declining, the Company reacted by arranged more promotion especially the

. In addition, they arranged or allowed preparation of the company's accounting records to be inaccurate and inconsistent with the facts to deceive other persons regarding purchases of IEC subsidiaries

transferred the clients’ money to the savings accounts opened under the names of other persons instead. She arranged for investment unit purchase transactions of other clients, with the value equivalent to

statements 2018 Increase (decrease) Million Baht % Million Baht % Million Baht % Continuing operations Revenues 1,808.5 100.0 303.4 100.0 1,505.1 496.1 Costs (1,737.4) (96.1) (315.5) (104.0) 1,421.9 450.7

by an auditor as follows: Unit : Million Baht CONSOLIDATED FINANCIAL STATEMENTS For the three-month periods ended September 30, Continuing operations Discontinued operation Total 2019 2018 2019 2018

company had higher selling and administrative expenses from leather parts for the car seat business in the amount of Baht 9.41 million and the cost of continuing to invest in renewable energy projects in

the sale growth of products during the period as compared. However, the Company has shown continuing effort to improve its net profit margin and is still expecting for an upgrade performance in the