for the benefit of the operation (Translation) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand
Microsoft Word - 61-01_E_Explanation of overall operation for 2017.DOC FANCY WOOD INDUSTRIES PUBLIC CO.,LTD. 257 MU 1 SOI HYLAND, SUKSAWAT RD., PRASAMUTJADEE, SAMUTPRAKARN 10290, THAILAND TEL : (662
representation or warranty of any type whatsoever on the accuracy or completeness of the information contained herein. หนา้ 1 1. Executive Summary The overall business operation of the company in 2019 is
discussed in “ Summary of Principal Differences between TFRS and IFRS, as follow: Summary of Financial Position and Operation for the Preceding Three Years and the Latest Period: Unit As of 31 December, As of
period ended 31 March 2019 and 2020, the Company’ s interest expenses were Baht 445 and 581 million respectively, due to an increase in loan amounts to expand the company’s assets and use in an operation
were Baht 445 and 581 million respectively, due to an increase in loan amounts to expand the company’s assets and use in an operation in late 2019 Gain on sale of properties foreclosed For the three
Annual General Meeting has approved the issuance and offering of the debentures for year 2020-2021 of not exceed Baht 25,000 million to use as working capital and/ or business operation and/ or business
services as compared to 85.4% in 2017. This is a good indicator that customers are warming up to outsourcing as they undergo their own journey of HR transformation. 2. Financial position Table 4: Overall
compared to the same period last year. It is a positive indicator as foreigners are accounted for more than 30% of the Company’s customer portfolio. For the plan to launch luxury condominium projects worth