rate of 16.7% down from the ratio of 19.7% mainly due to the higher income tax expenses from better operational performance whereas less loss from the overseas subsidiaries. In 1H/2020, Corporate income

. In order to maintain overall financial results, the Company has initiated strategies focused on improvements in operational efficiency and expense control, such as adapting to the ‘new normal’ of

corporate income tax rate of 16.8% down from the ratio of 20.2% mainly due to the higher income tax expenses from better operational performance whereas less loss from the overseas subsidiaries. 6 Net profits

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

operational systems to scale up franchise operations, while the franchise opportunities are expected to be ready by end of May 2020. Q1/2020 Management Highlights Cost-saving initiatives have been carried out

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