or 3% from last year. The revenues growth came from an increase in credit card income and bad debt recovery. As of May 31, 2017, The Company has active billings of 3.42 million accounts per month with

31, 2018 was 1.28 times, compared to 1.27 times at the end of 2017 Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of March 31, 2018 was 1.28 times, compared to

financial statement, the Company has net loss Baht 1,810 million for the year 2018 and Baht 1,006 million for the year 2017. In 2018, the Company and subsidiary’s total revenue increase from the year 2017 wh

) 130,283 130,481 130,357 130,274 130,065 2 Forth Smart Service Public Company Limited (FSMART) 3Q2020 Management Discussion and Analysis Financial Statement Summary in 3Q2020 Statement of Comprehensive

. The gross profit from sales increased 4.39% from the same quarter of the previous year. Statement of financial position as of 31 March 2019 and 31 December 2018 Total assets The total assets of the

(26.70%) 4,463.94 4,782.93 (6.67%) Statement of financial position as of 30th June 2019 and 31st December 2018 Total assets Total assets of the Company increase 561.44 million THB or 2.64% i.e. from

. The gross profit has thus decreased 0.89% from the same quarter of the previous year. Statement of financial position as of 30th June 2018 and 31st December 2017 Total assets The total assets of the

completed in the previous years which were sold with higher gross profit margin. Statement of financial position as of 30 September 2018 and 31 December 2017 Total assets The total assets of the Company

253,057,075 and total liabilities in the amount of THB 1,214,696,854 and the debt to equity ratio according to the consolidated financial statement of the Company at approximately 5.3, comparing with the

for the three-month periods ended on September 30, 2019 and 2018 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In