% comparing to the end of 2018 due to higher profit posted to each period . Ratio Analysis Financial Statement year ended June 30, 2019 Return on Assets of 2Q’19 improved yoy. driven by the sustainable profit

on the opposite slightly increased, reflecting the increase of the purchasing power in durable goods and the effect from new model launch from many brands. For the period of January to June, total

Baht). The project sales increased is due to the expansion of project services which expanded to cover more services than the same period last year. Cost of goods sold The company recorded cost of goods

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended M arch 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc. / (Dec

paid basis and the total value of consideration equals to Baht 1,228.31 million, calculated from the reviewed consolidated financial statements of the Company for the latest three-month period ended 31

the total revenues of 4,239 MTHB of which 4,190 MTHB earned from sales revenues. Sales revenues decreased by 367 MTHB or 8.1% comparing to the same period of the year 2017. Such decrease was mainly from

subsidiaries for the quarter ended June 30, 2018 when comparing with the same period in 2017 increased from THB 35.82 million to THB 76.05 million or increased THB 40.23 million or 112.31% because the cost of

and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand

results for the 2nd quarter ended 30th June 2018, compared to those for the same period ended 30th June 2017. The consolidated financial statements reported a net profit of Baht 11.00 million and net loss

shareholders at the ratio of 4 existing ordinary shares for 3 newly-issued ordinary shares at Baht 10 per share. The subscription and payment period for the newly-issued ordinary shares is 31 July 2018 – 20