Microsoft Word - 62-17_Eng_Explanation of the business profit for the quarter 2-2019.DOC FANCY WOOD INDUSTRIES PUBLIC CO., LTD. 357 MU 12 SOI SUKSAWAT84, SUKSAWAT RD., PRASAMUTJADEE, SAMUTPRAKARN

Microsoft Word - 61-12_Eng_Explanation of the business profit for the quarter 2-2018.DOC FANCY WOOD INDUSTRIES PUBLIC CO.,LTD. 357 MU 12 SOI SUKSAWAT84, SUKSAWAT RD., PRASAMUTJADEE, SAMUTPRAKARN

. 2019 gross profit increased by THB 1,063 million (or +13.5% YoY) to THB 8,946 million. This showed continued improvement throughout the year since Q4’18 thanks to “Fit Fast Firm” project (efficiency

ended as of September 30th, 2022, which can be summarized as follows: 1) Profit & Loss Analysis : Q3 2022 (3 Months) (Unit : Million Baht unless otherwise stated) Q3 2022 Q3 2021 Change Amount % Change

(efficiency improvement and cost saving program) that helped driving overall costs down. Gross profit increased by THB 315 million (or +16.8% YoY) to THB 2,191 million in Q3’19. “Fit Fast Firm” Project

operating margin to OSP beverage portfolio. Going forward, OSP expects gross margin expansion from continued delivering Fit Fast Firm project (OSP’s cost saving program). Net profit margin attributable to

improved to 35.3%, +400bps YoY. Gross profit increased by THB 360 million YoY (or +19.4%) to THB 2,221 million in Q2’19. “Fit Fast Firm” project (cost saving project) enabled the favorable gross margin

equity (times) 0.5 0.3 The Company’s gross profit margin in Q1’20 reported at 35.4% (+60 bps YoY), driven by Fit Fast Firm project (cost saving project). However, due to the phasing of advertising

fast as usual resulting in lower revenue and gross profit. Company group’s quarterly income derived from sales, ended on 31 March 2020, is 27.85 million baht, caused by the subsidiary, Grace Water Mate

Osotspa Public Company Limited Q1’19 Management Discussion & Analysis 14 May 2019 Q1’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Q1’19 Net profit* was at THB 888 million