from fluctuation of exchange rate. 5. Distribution Expense increased by 12.91 million baht (from 50.30 million baht in 2019 to 63.21 million baht in 2020) due to increased sales. 6. Administrative

increased from THB 82.00 million to THB 133.61 million or increased THB 51.61 million or 62.94% because film production and films rights distribution generated more revenue than last year. Cost and expense of

Ref. FN. 040/2017 Management Discussion and Analysis For operation of the third quarter of year 2017 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

of 2020 equal to 37% from electronic equipment distribution business. 3 . The group of companies had selling and administrative expenses in the second quarter of 2020 in the amount of 26.40 million

stock exchange regulations regarding matters such as the distribution of shares to retail investors (free float). SEC Secretary-General Pornanong Budsaratragoon reported to the Prime Minister that in

item only Baht 20” in late of June 2017. 3. Distribution costs and administrative expenses A. Distribution costs The distribution costs for 2Q17 were Baht 47.18 million, increased from 2Q16 and 1Q17 and

%, distribution costs and administrative expenses which increased in the amount of Baht 124.4 million or 14.9% and finance costs which decreased in the amount of Baht 26.1 million or 16.1%. The increase in total

year, the company had a profit from the sale of investments in subsidiaries in the amount of 246.78 million baht. 3. Distribution cost increased by Baht 0.87 million. 4. Financial cost increased by Baht

increased 4% compared with the last year. In 2019, the company cost of distribution and administrative expense 190 Million Baht and 209 Million Baht in 2018, compared with last year were decreased 19 Million

would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from sales and services for the year ended 31 December 2019 decreased 30.42% compared to the same period