dividend payment, and the decrease in shareholders' equity from treasury stocks. 5 Forth Smart Service Public Company Limited (FSMART) 3Q19 Management Discussion and Analysis 2019 Management Outlook For

the Board of Directors’ meeting for connected transaction and Schedule date for the Extraordinary General Meeting of Shareholders No. 1/2016 To: The President, The Stocks Exchange of Thailand The Board

assets in amount of THB 881.63 million and the grandparent and parent breeder stocks in amount of THB 581.47 million. The Company and its subsidiaries used net cash from its financing activities in an

investment in fixed assets in amount of THB 1,263.64 million and the grandparent and parent breeder stocks in amount of THB 609.78 million. The Company and its subsidiaries used net cash from its financing

and the grandparent and parent breeder stocks in amount of THB 536.26 million. The Company and its subsidiaries used net cash from its financing activities in an amount of THB 680.20 million, decreased

ตราสารที่ให้ผลตอบแทนสูงภายใต้ระดับความเสี่ยงที่ยอมรับได้ 1. หุ้นสามัญ (Common stocks) คือ ตราสารทุนที่แสดงสิทธิความเป็น เจ้าของกิจการ ผู้ถือหุ้นมีสิทธิในการออกเสียงเพื่อมีส่วนในการบริหารกิจการตามสัดส่วน

as two separate line items in the audited financial statements for the years ended 31 December, 2016, 2017 and 2018, but are reclassified to be presented as a combined line item, “ interest income from

Limited Management Discussion and Analysis for the Second Quarter ended 30 June 2017 Page 4/22 improved consumer confidence and income of farm households. These drivers combined to support growth momentum

households. These drivers combined to support growth momentum and helped offset the still lingered at a low level of private investment and contracted in public spending. As the momentum from the above

the same period last year, reflecting the concentration of domestic demand. This, combined with structural factors such as the expansion of the global value chain and e-commerce, increased the