% Company total revenue on 1st quarter of year 2020 increased 11.11 percent from the same period of last year. Main attributions are increasing in sale quantities from 2nd production line that reach normal

price derived from the higher sale proportion of decorative products. Cost of sales, Expenses and Finance costs: For the 3th quarter of 2017, the cost of sales was 29.90 million Baht, increasing by 22.07

quarter of year 2019 increased 44.40 and 38.21 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. However, continuously decreasing in

increasing from 4.79% in 2018 to 12.76% in 2019. The loss incurred is due to the recognition of gross loss from the construction business; higher administration cost to support the expansion of construction

 4% with Lamphun increasing 5% and Jiaxing increasing 1%.   Sales revenues from the IC divisions were 3% higher in Q217 with Ayutthaya sales similar and Jiaxing IC sales increasing by 18%. The

1 Forth Smart Service Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Operational Summary 9M18 Operational Summary  Total revenue from core business was Bt2,523mn, increasing

was 6.61 million Baht, increasing from the same period of previous year which had a selling and administrative expenses of 6.0'l million Baht, mainly due to the higher export and transportation expenses

revenue of THB 1,004.22 million, increasing THB 178.01 million, or 21.55% from 2016. The increase in revenue is mainly due to the growth in revenue from the Company and subsidiaries in Thailand, which

Company incurred cost of services for the first quarter of 2018 equal to 151.6 million Baht higher than the first quarter of 2017 26.8%. This was because an increasing of employee remuneration as a result

increasing market competition. The Export Sale Activities decreased to 31 million Bahts or down by 40% was a result of the postponement of projects in Vietnam as well as last year the company had sold a large