remuneration, tax penalty, and accounts receivable previously recorded as stock under consignment in 2011 and subsequently re-arranged to sale transactions in 2012. The SEC, therefore, has instructed TUCC to

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

Baht 233.52 million, decreased from previous period since in 3Q17, the Company arranged big event named “FN Fair” at head office. Also, the third quarter is normally affected by seasonal and usually the

social distancing policy, the company had postponed the annual event which normally was arranged in June to be arranged in July (3rd quarter). These results to dramatically reducing the revenue of this

. In Q2 2020, the Company have arranged the land valuation from previously measurement at cost to fair value, which gains were recognized in revaluation of land in other comprehensive income, and

February 2018. In addition, the Company arranged more marketing events than prior year such as “FN Fair” at head office and “FN Thank you sale” at branches. The sales proportion in 1Q18 has been increased

. However, the Company has continued to expand new distribution channels such as Pop-up Store, Mini Shop at HQ Rama 9, and E-commerce. The Company arranged marketing activities to draw customers and to

sales were in line with plan. 1Q19 sales was Baht 238.99 million, decreased by 8.73% YoY. Since domestic consumption in 1Q19 was declining, the Company reacted by arranged more promotion especially the

able to maintain sales at same level of previous year mainly from sales of two new outlet branches i.e. Rayong and Diana branch which was still achieve the target. In addition, the Company arranged more

E-commerce. Total revenue in 1H19 was Baht 511.27 million, decreased by 2.52% YOY because sales target was not achieved in 1Q19. The Company arranged marketing activities to draw customers and to