11.34 17.34 6.00 52.92% Selling expenses 191.18 182.01 -9.17 -4.80% Administrative expenses 386.17 457.10 70.92 18.37% Finance costs 20.71 25.95 5.24 25.33% Profit before income tax expense 407.36 442.90

improvements in productivity, we achieved a gross profit of 281.47mb (2018: 237.71mb), an increase of 43.76mb or 18.4%. Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at

Operated by For the three-month period ended 31 March % Change Increase (Decrease) 2017 2016 THB mm % THB mm % Sales 1. Sales from dessert café Company 153.94 97.56 137.01 98.75 12.36 2. Sales from catering

period of previous year amount to Baht 1.35 million, decrease Baht 0.89 million or decrease 66.21%, since the company repaid the loan cause this expense has been reduced. 7. Share of profit (loss) from

amounting of 28.92 million baht. - Finance costs consist of interest expense and banking fee of 11.60 million baht, a decrease of 1.99 million baht or 14.68 percent decrease when compared to the same period

Ref. FN. 036/2017 Management Discussion and Analysis For operation of the second quarter of year 2017 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Operated by For the six-month period ended 30 June % Change Increase (Decrease) 2017 2016 THB mm % THB mm % Sales 1. Sales from dessert café Company 325.45 97.46 286.47 98.76 13.61 2. Sales from catering

consolidated operating and administrative expense were 4,002 million baht, increasing by 6% y-y and represented 45% of total revenues. For the second quarter of 2017, the consolidated operating and

compare with the same period of previous year amount to Baht 0.94 million, decrease Baht 0.47 million or decrease 50.16%, since the company repaid the loan cause this expense has been reduced. 8. Share of

-15.45 -50.62 35.17 69.48 Income tax expense -0.04 0.00 -0.04 Total loss for the period -15.49 -50.62 35.13 69.40 Other Comprehensive Income -0.30 -0.14 -0.16 -114.29 Total comprehensive loss for the