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

page1 from 4 13 May 2020 Subject : Management Discussion and Analysis Quarter 1 Ending 31 Mar 2020 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited would like

all three outlets during February 2018. Kitchen Plus: sales was 10.4 Million THB, increased by 10.4 Million THB or 100% YoY, the company’s revenue recognition began in the fourth quarter of 2018

year was being an exclusive business partnership with AIS, the No.1 mobile network operator in the country in order to sell SIM cards and mobile packages, has already cooperated since the fourth quarter

in the same quarter last year (Baht 1 million). Please be informed accordingly. Sincerely yours, Mr.Prasit Hanpiyavatanasakul Authorized Signature

. Commissioning of the Project will occur in phases, with phase 1 comprising 352 MW scheduled for completion in the 4th quarter of 2020, and phase 2 comprising 288 MW scheduled for completion in the 3rd quarter of

the previous yearly. To: The President The Stock Exchange of Thailand In the fourth quarter of the year, the Thai economy grew by only 2.4%, which is contracted according to domestic factors. Especially

Quarter 3/2020 2. Related parties Buyer : S.Kijchai Enterprise Public Company Limited Seller : Mr. Vichai Sangwongkit 3. Details of related party Name and relationship : Mr. Vichai Sangwongkit Director

million baht or 14.41 percent. 3.2) Administrative expenses decreased by 59.30 million baht or 26.71 percent due to in second quarter. The company has allowance from loss the value of land for sales in the

in which all of them improved as well as agricultural incomes improved. The domestic car sales for the current quarter also increased compared to the previous year. As a result, total sales of company