97.5% of total capacity during off-peak period in the third quarter. In September, the company started to produce during on-peak period, which resulted in the September production at 73,134 2. Business

management discussions and analysis regarding consolidated financial performance and position of the Company and subsidiaries (the “Group”) for the 3-month and 6-month period ended 30 June 2019 as follows

Baht 233.52 million, decreased from previous period since in 3Q17, the Company arranged big event named “FN Fair” at head office. Also, the third quarter is normally affected by seasonal and usually the

financial statements for the three-month period ended September30, 2019. The Group's sales and net profit totaled Bt3,088.3 million and Bt255.1 million, respectively, compared to Bt3,690.4 million and

- 189.8 - 191.6 0.9% Selling expenses - 5.3 - 4.7 -12.8% Administrative expenses - 15.0 - 10.1 -49.2% Finance costs - 4.0 - 2.8 -41.1% Profit for the period 10.2 12.7 -20.1% Net Profit 4.5% 5.7% % EBITDA

- Translation - Page 1 of 5 CBG 022/2019 8 November 2019 Subject Management discussions and analysis for the 3-month and 9-month period ended 30 September 2019 To President The Stock Exchange of

) Profit (Loss) before tax (25.36) (337.23) (28.05) (13,357.14) Tax - - - - Net Profit (loss) for the period (25.36) (337.23) (28.05) (13,357.14) Profit (Loss) attributable to owners of the Company (25.36

expenses 9.84 132.97 11.30 23.56 Profit (Loss) before tax (197.67) (2,671.21) (19.64) (40.95) Tax - - - - Net Profit (loss) for the period (197.67) (2,671.21) (19.64) (40.95) Profit (Loss) attributable to

application for approval to the Office together with the following document evidence: (1) scope of services provided during the hours and days applied for. (2) monitoring and supervision plan to be use during

-month periods ending 30 June 2018 as follows: Consolidated financial performance of the Group for the 3-month and 6-month period ending 30 June 2018 in comparison with the corresponding period last year