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

expenses, along with the expansion of gross profit margin through the selection and improvement of product quality to better meet the needs of customers. In 2017, the Company opened 1 HomePro stores at Lotus

% from the same period last year. This was because the loan provisions expense in subsidiary and employee remuneration from business expansion. Net Profit The Company’s net profit from consolidated

senior management members to be ready for the future business expansion and higher marketing & promotion expenses to draw higher traffic into shopping malls. As a result, net profit declined 11% QoQ

support growth of existing brands and new products launches domestically and internationally, along with overseas business expansion. The Company reported profit for the period of THB 915 million (+2.0% YoY

%. An increasing was mainly from administrative expenses which results from bad debt allowance in lending business and personal expense increase from business expansion. Operating profit in 2017 was 1,109

administrative expenses in the consolidated financial statements and employee compensation increased from the business expansion. Operating profit in 2018 was 435 million baht, decreased 674 million baht or 61

targeted gross profit margin. Regarding branch expansion in the first quarter, the company did not open any new stores. As of the first quarter of 2020, the Company has 84 HomePro stores, 9 HomePro S stores

more revenue and gross profit than the previous year due to better expansion of customer base and trust from existing customers. During the year, NCL Singapore expanded LCL Shipment (Less than Container