., Ltd. (“WCIG”) decrease from last year because the company changed in business model from company owned to franchise model since 2017. In addition, due to highly competitive (both direct and indirect

Financial position 31 December 2018 31 March 2019 Increase (Decrease) 4 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Total shareholders’ equity as at 31 March

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

73 million in 3Q19 while reported net loss of Baht 60 million in 3Q2018. The closure of Dusit Thani Hotel Bangkok at the beginning of the year was the main reason to the decrease in business’s result

the decrease in business’s result for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded

Central Pattana Public Company Limited (“The Company” or “CPN”) in 2Q19 shows total revenue of THB 9,197 mn, an increase of 0.7% and net profit stood at THB 2,470 mn, a decrease of 15.9% from the same

with the continuous increase in the number of office buildings. Our Outdoor media revenue was THB 170mn, an increase of THB 115mn, or 208.4% YoY mainly due to the full quarter consolidation this quarter

of 2017/18, we successfully added 8 new contracts to the office building portfolio. The performance of this business is expected to improve in the remaining quarters in line with the continuous

. However, people still have anxiety about the widespread of COVID-19 which affect the decision in going to the hospital, led to a significant decrease in regular patient traffic compared to the same period

increase in sales revenue from the same-store sales growth and the increase in number of branches, as well as the decrease in overall expense from increased production volumes (economies of scale). • Gross