Microsoft Word - 60-16_Eng_The Explanations of the business performance for the third quarter 3-2017 .DOC FANCY WOOD INDUSTRIES PUBLIC CO.,LTD. 357 MU 12 SOI SUKSAWAT 84 SUKSAWAT RD., PRASAMUTJADEE

identified, e.g., profits generated from normal business operation with potential recurring in the following years as opposed to those from speculative transactions during economic upturn such as profit from

THB 109 million due to the lower occupancy rate. Other income decreased by THB 5 million. Gross profit margin declined from 25.9% to 25.4% due to rental and service business gross profit decreased by

, while showed of 22% in the same period of 2017. Excluding TBSP of 16% GP, Company’s %GP represented at 24%, 2% growth primary by higher Gross Profit of Security business in 3Q18. For 9M18, Company showed

, compared with the same period of 2018, with a net loss of 30.84 million baht, representing an increase of 52.76 million baht or 171.08 percent, consisting of net profit of palm oil trading business 20.43

share, representing a total decrease in profit of Baht 57 million or 23% of the previous year mainly came from the significant transactions as below : - The gross profit of feeds business was decreased

million baht. Income from Property rental business plunged by 13%, from 139.2 million baht to 121.1 million baht due to the lower occupancy rate as lease for warehouse expired in Q3 2017. - Gross profit for

same level as the previous year. - Profit before income tax expenses was down by 32% from 59.7 mil. baht to 40.3 mil. baht mainly due to eroding gross profit from Chemicals business as competition

profit by business. (Unit: Million Baht) Q3/2017 % Q3/2016 % Fire protection systems and projects 36.28 28.32 40.81 24.65 Air-conditioning and sanitary products 5.72 27.21 4.02 30.83 Refrigeration systems

and projects 135.76 149.38 Air-conditioning and sanitary products 21.36 12.22 Refrigeration systems 65.54 - Digital printing systems 70.14 - The segment of gross profit by business. (Unit: Million Baht