. Advertising business revenue contributed 35.3% of total revenue or THB 179mn, decreasing by 56.8% YoY. The decline is a result of the aforementioned COVID-19 crisis, which has caused a considerable drop in
Forth Smart Service Public Company Limited (FSMART) 3Q2020 Management Discussion and Analysis 2020 Management Outlook Although Thailand is caused by the COVID-19 pandemic that affects a number of sectors
debt recovery that increased 40% y-y caused by increased the internal legal staff to expedite 3 the legal process. In the second quarter of 2019, other incomes were 584 million baht, increased by 22% y-y
3,520.0 mm during the first half of 2019. 2. Increase in deferred tax of THB 593.6 mm. 3. Decrease in deferred revenue of THB 2,188.0 mm. This was mainly caused from reversal of deferred revenue due to
of Q1–2020 caused many customers to delay the delivery of equipment or project until this situation can be controlled. Therefore, the revenue from Sales, Service and Construction contracts in Q1–2020
, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers to change the work methods resulting in the delay in delivery and inspection of equipment or project. As a result
reducing of trading volume caused by the COVID-19 pandemic. However, this can be categorized by business type as follows: credit card receivable of 36,094 million baht, loans receivable of 44,944 million
was mainly from the continued growth of bad debt recovery that increased by 16% y-y caused by the increased of expedite the legal process. Expenses The Company’s expenses mainly consist of operating and
affected the integrity of derivatives trading in the Derivatives Exchange, or have or may have caused the price of derivatives traded in the Derivatives Exchange to be inconsistent with the normal market
business income was 179 million baht, and others of 54 million baht respectively. Other revenues was mainly from the continued growth of bad debt recovery that increased by 17% y-y caused by the increased of