phase increased especially Bangna branch, which completed its one full year of operation in April 2019. ▪ Other incomes was Baht 34.00 million, an increase of Baht 6.23 million or up by 22.5% over the

year due to some initial cost of ramping up of the UHT OEM operation in this quarter. 2/5 Food business The food cost of sales increased according to sales growth. However, the ratio of food cost to

) Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental including the procurement of project site location and rendering of related services to

1 Ref FN. 036/2019 Management Discussion and Analysis For operation of the second quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Discontinued Operation” so there is no comparative analysis of the revenue and cost from electricity for this period. 2020 2019 % Gross Profit (Loss) 112.45 (232.59) 148.35% Operating Profit (Loss) 12.45 (303.98

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

business and also energy business even some projects have already passed the approval for the Board of Directors but such projects are on the construction and have not been starting the commercial operation

20.75% , since the company received from capital increased by Baht 166.30 million and loss from operation by Baht 27.62 million. Trend of year 2018 The company has expand the production line of flexible

Ref. FN. 075/2018 Management Discussion and Analysis For operation of the third quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Piping (SMP) and Electrical and Instrument service, 3. Civil and Building service. 4. Fabrication and Other service. For the Group’s 2017 operation ended 31 December 2017 could summarize as follows