1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19 Net profit was Bt145mn, decreasing 3.4%YoY Total revenue from core
operating results of the Company and its subsidiaries for the Second Quarter Ended June 30, 2017 is described in the financial statement showing net loss at the amount 17.08 million Baht. Compared with the
performance of the Group Unit: Million Baht 2018 2017 Increase (decrease) Variance (%) Total revenues 8,080 7,165 915 13% Net profit 526 272 254 93% The Group has total revenues of Baht 8,080 million for 2018
29.52 7.62 Net profit margin (%) 7.93 13.19 (5.26) 8.50 (0.57) 8.22 12.71 (4.49) 1. Total revenues For the second quarter of year 2017 Total revenue in 2Q17 decreased by 0.27% YoY and 1.22% QoQ as a
quality of debt acquired and efficient of collection team, the Company’s financial performance in 2017 reached to its highest in corporate history with net profit of 396.1 million Baht, increased at 36.4
-Net 3,021.1 72.6% 3,816.7 72.7% 795.6 26.3% Other long-term investment 104.3 2.5% 104.3 2.0% - 0.0% Other Non-Current Asset 121.6 2.9% 155.5 3.0% 33.9 27.9% Total Non-Current asset 3,247.1 78.0% 4,076.6
performance of the Group Unit: Million Baht Q1’ 2018 Q1’ 2017 Increase (decrease) Variance (%) Total revenues 1,977 1,570 407 26% Net profit 116 50 66 132% The Group has total revenues of Baht 1,977 million for
income 23.88 59.13 (35.25) (59.61) Service income - 3.09 (3.09) (100.00) Other income 1.13 1.14 (0.01) (1.01) Total Revenues 25.01 63.35 (38.35) (60.53) Cost of construction 47.89 87.62 (39.73) (45.35
59.13 (35.25) (59.61) Service income - 3.09 (3.09) (100.00) Other income 1.13 1.14 (0.01) (1.01) Total Revenues 25.01 63.35 (38.35) (60.53) Cost of construction 47.89 87.62 (39.73) (45.35) Cost of
Shareholders’ Equity Total shareholders’ equity presented at Baht 1,865.9 million, decreased by 0.4% from the recognition of operating loss net with gain from land revaluation and dividend payment.