increased steadily to fully capacity. In the 1st quarter , the subsidiary purchases more dialysis machines to accommodate more patients. In addition, on February , , this subsidiary inaugurated a dialysis

and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis 3) Advertising income was Bt2mn, decreased 62.3% YoY

revenue from consolidation of TigerSoft. The amount will be recognized progressively as revenue within a 12-month timeframe. T.662 636 6999 F.662 646 4200

, increasing by 15.00mb or 14.1% due to the booking of revenue received in advance for new projects. The amount will be recognized progressively as revenue when the project reaches its milestone in the course of

progressively as revenue when the project reaches its milestone in the course of the project timeline. (c) Shareholders’ equity Total shareholder’s equity as of June 30, 2019 was 1,167. 17mb, increasing by

booking of revenue received in advance for new projects and recognition of various unearned revenue from consolidation of TigerSoft. The amount will be recognized progressively as revenue within a 12-month

Loan to Value regulation or “LTV”. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions

revenue to grow steadily. Terms and conditions in land sub-lease and building lease agreements are appropriate and cause no potential conflict of interest. They conform to normal business practice of long

regulation or “LTV” since 2019. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. As well

steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. As well as, the epidemic of Covid 19 have severe negative impacts on the