, exchange traded fund (ETF), property funds, structured notes and other debt securities; (c) Relevant knowledge on accounting, finance and tax such as accounting standards; (d) Knowledge on assessment or

traded fund (ETF), property funds, structured notes and other debt securities; (c) Relevant knowledge on accounting, finance and tax such as accounting standards; (d) Knowledge on assessment or analysis of

1 Ref. FN. 011/2019 Management Discussion and Analysis For operation of the year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

of the year 2018 which was Baht 156.18 million for Baht 14.32 million or -9.2% due to decrease in employees and management benefits and reward of subsidiaries as significant. Finance costs Finance

-month period year 2018-2019 was Baht 1,520 million, maintained from the same period of last year due to spending management. Non-recurring Item As aforementioned in Q3’2018-2019, the company booked

and temporary investments 385.50 532.65 539.83 -28% -29% Trade receivables 348.38 296.00 270.31 18% 29% Inventories 24.30 24.56 29.00 -1% -16% Property, Plant and Equipment 862.50 845.96 807.84 2% 7

Trading Co., Ltd. had a clear focus on Beverages business, which increased efficiency in operation’s management. The business value of transferring assets of Central Kitchen transaction had benefit to

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

Page 1 of 5 GEL.CS.021/2561 14 August 2018 Subject Management Discussion and Financial Analysis for the operating results of the second quarter of 2018, ended 30 June 2018 To Director and Manager The

property, plant and equipment of Baht 950.08 million mostly was the construction in progress for Carnival Magic project. Temporary investment increased of Baht 48.44 million. Trade and other current