brand product for 9M17 at 63.94%. The increase in other income of 9M17 by 39.09% YoY, was mainly driven by larger rental areas and gain on redemption of partial investment to support the expanding of

reported gain from foreign exchange of Baht 7.63 million due to foreign exchange hedging and other income in the amount of Baht 11.42 million comprised of insurance claim on risk of machine interruption at

consumption recovery and the high household debt. The Company keeps focusing on house brand products to emphasize FN brand awareness and increase FN brand equity in a long run. The Company was able to maintain

The decrease in account payable Quick Ratio (x) 1.68 1.93 (0.25) The decrease in cash and cash equivalents used for operating activities Return on Equity (%) 0.84 1.89 (1.05) Decrease in performance

increase in accounts payable. Quick Ratio (x) 2.62 3.47 (0.85) Return on Equity (%) 4.27 5.83 (1.56) The decrease in 1H18 net profit. Debt-to-Equity Ratio (x) 0.10 0.09 0.01 Slightly increase from

2017 Change Reason Liquidity Ratio (x) 5.28 6.80 (1.52) The increase in accounts payable and other payable. Quick Ratio (x) 1.88 3.47 (1.59) Return on Equity (%) 3.19 5.83 (2.64) The decrease in 9M18 net

closed Hat Yai branch on 1 July 2020 to improve profitability of the Company. Currently, the Company has 11 outlets (Phetchaburi, Kanchanaburi, Pattaya, Pak Chong, Sing Buri, Hua Hin, Sriracha, Phra Nakorn

in the production and has a direct effect on the determination of sale prices tended to decrease during the past year, resulting in a decrease in the average battery prices during the past 2 years

. - Translation - 2 Operating Results Total Revenues For the 6-month period ending on June 2019 – 2020, the Company’s sales revenues were THB 2,789.82 million and THB 2,319.89, respectively. The sales revenue from

due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis