1 Forth Smart Service Public Company Limited (FSMART) 1Q18 Management Discussion and Analysis Operational Summary in 1Q18 Total revenue from core business was Bt842.14mn, an increase of 17.8 % YoY
1 Forth Smart Service Public Company Limited (FSMART) 2Q18 Management Discussion and Analysis Operational Summary in 2Q18 Total revenue from core business was Bt848.81mn, an increase of 10.4% YoY
in the United States in September. In addition, the new business of healthy food operated by Dusit Real Foods Co., Ltd. celebrated the first healthy food store at Virgin Active 101 in Thailand in
developing such branch, which HHC shall be entitled to decide for branch within 10 years) Zone Branches Franchise Period Eastern Zone where HHC already decided for branch development 9 2018 - 2029 Central Zone
date HHC exercise Franchise by operating such branch, which HHC shall be entitled to operate the branches within 10 years) Zone Branches Franchise Period Eastern Zone where HHC already decided to operate
customers had a temporary delay of payment. However, the said customers still have the active status and can make the payment to the Company continuous increasing after ended of quarter 2. In addition
had higher sales than the quarter 4 of year 2017. However the said customers still have the active status. Whereas cash and cash equivalent decreased Baht 31.04 million mostly from repayment of loan and
loss whereas the number of active stores were decreased from 141 stores to 102 stores compare with the same period of last year. Cost of Sales and Gross Profit In the 1st Quarter of 2018, the Cost of