million. Since Q1/2018 the company has no income from the export of wood chips due to high competition and the baht strengthened. 2. The company’s cost of sales and services in the amount of Baht 410.19

8.59 Cost of sales and Services 1,647.83 1,572.51 4.79 Selling and Administrative Expenses 176.25 171.57 2.73 Share of profit (loss) from investments in (5.30) (3.53) 50.14 joint ventures Finance Cost

and Services 388 384 1 Selling and Administrative Expenses 44 51 (13) Share of profit (loss) from investments in joint ventures (1) 2 (150) Finance Cost 5 7 (29) Net Profit 39 24 63 - 2 - Total Revenues

Services 800 759 5 Selling and Administrative Expenses 87 99 (12) Share of profit (loss) from investments in joint ventures (1) 2 (150) Finance Cost 10 15 (33) Net Profit 88 54 63 - 2 - Total Revenues In the

759 5 Selling and Administrative Expenses 43 48 (10) 87 99 (12) Share of profit (loss) from investments in joint ventures 1 1 - (1) 2 (150) Finance Cost 5 8 (38) 10 15 (33) Net Profit 48 29 66 88 51 73

installation capacity 7.5 MW of Prize of Wood Green Energy at Narathiwas Province which this project is held 99.99 percent of total shares by SAFE. The Company could gain profit sharing from the 1st Quarter 2018

year due to the profit realized from the biomass power plant project 7.5MW of Prize of Wood Green Energy Co.,Ltd., invested by Safe Energy Holdings Co.,Ltd., started the commercial operation date on

Services 424 361 17 1,224 1,120 9 - 3 - Selling and Administrative Expenses 44 32 38 130 130 - Share of profit (loss) from investments in joint ventures (2) (1) 100 (2) 1 (300) Finance Cost 5 6 (17) 15 21

could gain profit from biomass power plant project with installation capacity 7.5 MW of Prize of Wood Green Energy at Narathiwas Province. The Company could start gaining from profit sharing of full

FANCY WOOD INDUSTRIES PUBLIC CO.,LTD. 357 MU 12 SOI SUKSAWAT