THB. The main reasons are as follows: 1. Cash increases from 2020 at the amount of 546.06 million THB or 59.57% as a result of cash reserved for dividend payment to shareholders on 8 April 2021. 2

amounting of Bt. 893.5mn and will receive dividend accordingly. In addition, on the same day (18 January 2019) S fully repaid loan from financial institution amounting of Bt. 3,064.1mn that we borrowed to

revenue over 30 years starting from 1Q19. Additionally, the Company also invested in 20% shareholding in SPRIME amounting to THB 893.5m and would be eligible to receive dividend accordingly. Significant

, primarily due to gain from fair value adjustment of investment property at THB 794m realized in 2Q18. The Company made the first dividend payment which was made from 2018 Net profit at THB 0.04 per share on

. The Company also announces to pay interim dividend of six month performance at the amount 2.45 baht per share or 31.7% payout ratio. The shareholder register book for the right to receive dividends

Income Q3 2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB mm THB mm % Dividend and Management income 102.4 112.0 9.4% 260.0 312.7 20.3% Others 72.2 55.7 (23.0

of the 1Q19-3Q19 accumulated net profits of Bt438.53mn. and the interim dividend payment of Bt499.20mn. 4 Forth Smart Service Public Company Limited (FSMART) 3Q19 Management Discussion and Analysis Key

million causing for paid of dividend. Statement of Cash flow For nine-month period ended 30 September 2019, the Group had net cash flows generated from operating activities of THB 329.77 million, net cash

activities amounting to 13.45 million baht. Moreover, cash used in financing activities amounting to 58.65 million baht which mainly used in dividend paid for 25.20 million baht and loan repayment both short

Million and revenue from commercial development business increased by Baht 32 Million. Other income amounted to Baht 240 Million increased by Baht 224 Million from the record of dividend income from TTW