amount of 195.86 million Baht, an increase of 15.57% from year 2017, which had revenue from services amount of 169.48 million Baht from branch expansion and increasing customers. 4. Cost of services In

million, the Corporate Group’s net profit for the year increased by Baht 4 .44 million or an increase of 3.28 percent. Details of the changes or impacts are described in the Management Discussion and

million, respectively. The decrease was primarily due to the increase of Medical personnel to support its expansion included administrative expenses to prepare for listing on the Stock Exchange of Thailand

for the year 2019 of 180 Million Baht increase 123 Million Baht compared with last year (the year 2018, there were profit for the year 57 Million Baht.) Mainly by the increase of Revenue from sales 7

Baht). The project sales increased is due to the expansion of project services which expanded to cover more services than the same period last year. Cost of goods sold The company recorded cost of goods

for the year 2018 of 57 Million Baht increase 52 Million Baht compared with last year (the year 2017, there were profit for the year 5 Million Baht.) Mainly by the increase of Revenue from sales 13

profit from investment in associates 43.2 43.1 0.1 0.2% Net Profit 213.4 225.2 -11.9 -5.3% Million Baht Increase (Decrease) The operating result of the Company for Q3 2019/2020 (1 October 2019 to 31

. The main reasons were an increase in staff expense and doctor fee as a result of operational preparation for the expansion of the new hospital and the opening of the new specialized centers in the

Q1/2017 due to the business expansion and the increase of interest rate. Please be informed accordingly Sincerely yours, (Mr. Suriya Poolvoralaks) Executive Director and Managing Director http

1 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis Operational Summary in 3Q17  Total revenue from core business was Bt788mn, an increase of 42.1% YoY