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
: Overall operating results for the three-month period ended March 31, 2019 and 2018 (Unit: Thousand Baht) Consolidated Financial Statements Separate Financial Statements Increase (Decrease) Q1/2019 Q1/2019
quarter ended as of June 30, 2019, (1 April – 30 June), which details are as following; Results 2nd Quarter 2019 Reviewed Million baht 2nd Quarter 2018 Reviewed Million baht Increase (Decrease) Million baht
Increase (Decrease) % Total assets 363.57 379.77 (16.20) (4.27) Total liabilities 92.87 98.80 (5.93) (6.00) Total shareholders’ equity 270.71 280.97 (10.26) (3.65) Significant movement of assets, liabilities
1,366mn, an increase of 1.7% or THB 22mn primarily due to the increase in building and equipment of THB 37mn which was partially offset by the decrease in other non-current assets of THB 16mn Trade and
Sriracha Power Plant resulting from the increase in dispatched volume to EGAT. However, when comparing Q2/2018 and Q2/2017, maintenance cost decreased by 20 million or 12% mainly due to the decrease in
position analysis Unit : Million Baht Items September 30, 2019 December 31, 2018 Increase (Decrease) % Total assets 363.98 379.77 (15.79) (4.16) Total liabilities 93.25 98.81 (5.56) (5.63) Total shareholders
of 636 million Baht (394% of total revenue), decrease by 27% or by 235 million Baht as compared to 3Q 2018 which comprises of: (1) administrative expenses of 371 million Baht, decreased by 11% or by 44
, Lumpini Place Rama 3-Riverine, Lumpini Park Petchakasem 98, Lumpini Selected Sutthisarn-Saphankwai and Lumpini Ville Pranangkla-Riverview. The sales expenses and management expenses decrease 29.73% and
– Consolidated (Million Baht) For 3-month period ended March 31, Increase (Decrease) % 2020 2019 Revenues from sales and services 156.84 182.43 (25.59) (14.03%) Gross profit from sales and services 33.38 37.25