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

) Paid up capital as at the Commercial Operation Date of the first phase of the project. (Million baht) U-Tapao International Aviation Company Limited (“UTA”) 4,500 9,000 Percentage of shares in U-Tapao

”. (2) CD-ROM containing the same information as the draft prospectus in sub clause (1) and statement in accordance with sub clause (1) (a) to (d) on the first page of all statements on CD-ROM; (3) [any

the first 9 months of 2018 to Baht 1,292 million in the same period of 2019. The increase was derived from engineering service and management service. • Overall gross profit margin increased from 9.4

traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see

Page 1 of 2 Ref. PDI/BK-BS-41/2018 11 th May 2018 To: President The Stock Exchange of Thailand Re: Clarification on Company’s performance of the 1 st Quarter 2018 For the first quarter of 2018

a different view from the decision of the Court of First Instance in the matter of facts and the matter of law; therefore, the Company will exercise the right to appeal such decision; - deferred tax

their first full year after COD in 2017, existing and new IEs customers. Gross Profit and Gross Profit from Operation In 2018, Gross Profit was Baht 588.3 million, an 8.7% increase from Baht 541.4 million

there was a lack of capital expenditures projects, resulting in low work load in the first half of 2018. For new projects that came in 2018, as a result, there was very intense competition in terms of

of Baht 63 million in terms of loss compared to Q3/2018, which had a net loss of Baht 1 million. In line with contractual obligation, we were obliged to deliver the major projects within the first nine