Analysis for the 3rd quarter of year 2022 5 Return on equity (ROE) and Return on assets (ROA) as of Q3 2022 were at 17.1% and 6.5% respectively. The Company’s profitability indicators improved from those of

Public Company Limited Management’s Discussion and Analysis Performance for the Period Ended December 31, 2018 Financial Ratio Analysis Profitability Ratio Unit Jan – Dec 2018 Jan – Dec 2017 Gross Profit

direction as below. 1. Differentiate marketing activities, promotion, and marketing campaigns to increase brand awareness. Emphasize FN as a BEDDING DESTINATION with house brands which increases profitability

to support the business direction as below. 1. Differentiate marketing campaigns to increase brand awareness 2. Emphasize FN as a DESTINATION with house brands which increases profitability. 3

 Profitability Ratios The gross margin was 25.50% and the net profit margin (%) was 19.42%  Performance Ratio The return on assets (8.74) indicates that the company can not use the asset efficiency. To achieve

have a minor effect on the company’s profitability. ** The Company paid ordinary shares in Thai Bonnet Trading Zone Co., Ltd. at the price of Baht 200 million, compared to net assets at the acquisition

) 0.78 0.69 0.60 0.56 0.61 The Company’s profitability indicators have continuously improved, driven by increased profit. As of the 3rd quarter of 2018, the return on equity (ROE) ratio and return on

well. 4/5 7. Reason for disposal assets and benefits to the Company expected to receive from asset acquisition. RAM operates a hospital business with continuous good performance profitability is good

evaluated as the early stage into the transition of the company to new sustainable business. To enhance its return to profitability, PDI will: • Carefully screen its assets and sell those that are no longer

and rendering, exercise equipment rental and distribution services during the temporary studios close down have significantly helped boosting profitability and also alleviating the COVID-19 impact. In