1 Forth Smart Service Public Company Limited (FSMART) 3Q19 Management Discussion and Analysis Operational Summary in 3Q19 Net profit was Bt144mn, decreasing 1.1% YoY. Total revenue from core
and cash equivalents due to from operational profits and increased from inventories due to increase in raw materials prices, resulted in increased in inventory. Liabilities As of March 31, 2022, the
; (6) amount of project capital, policy on capital increase after registering the pool of assets as a mutual fund and operational procedures (if any); (7) par value of the investment unit; (8
, decreased by 63% y-y respectively. The Company has been expanding more online service channels to customers and reduced the Company’s operation cost such as the number of ATMs machine and operational areas in
for ticket sales and reservation ( D- Ticket) of the State Railway of Thailand, The Hybrid CSOC Project (provide computer equipment, personnel, improve processes, including Improving operational
;Approval, Valuation, and Operational Matters และ Part II : The Product Restrictions of Qualifying CIS ซึ่งอยู่ใน Appendix
Years ended 31 December 2018 2019 THB mm % THB mm % THB mm % Raw material and packaging 328.65 79.70 146.10 56.57 (182.55) (55.55) Labor costs 37.24 9.03 23.22 8.99 (14.02) (37.65) Depreciation costs
the refining and packaging service. 3. Cost of Sea Freight Service The ratio of cost of service to revenue from sea freight service was increased by 58.81% in the 2nd quarter of 2017 from the 2ndquarter
inventories of THB 30.72 million or 1% of the total assets, a slight increase of THB 2.47 million compared to the last year due to increase of packaging and raw material for restaurant business. o Investment in
year, on top of 2018 on-going saving programs, our focuses will be on warehouse and distribution optimization, packaging optimization, new lighter weight bottles and more formulation optimization. The