regulatory sandbox ; (b) assessing and managing potential risks from the operation; (c) having operational procedures and an internal control system with details covering the operation specified in Clause 4

) assessing and managing potential risks from the operation; (c) having operational procedures and an internal control system with details covering the operation specified in Clause 4 and Clause 5 or Clause 6

1 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Operational Summary in 1Q19  Net profit was Bt150mn, increasing 3.1% YoY  Total revenue from core

long run; and (3) To help create the opportunity to increase the Company’s share price and dividend from its operational results in the future. 7. Source of Funds The Company will utilize the proceeds

การประกอบธุรกิจเพื่อให้สะท้อนความเสี่ยงด้านการปฏิบัติการ (operational risk) นั้นไม่เหมาะสม เพราะขนาดของความเสียหายผูกติดกับความเชื่อและขนาดของเงินลงทุนของลูกค้า ไม่ได้ผูกติดกับรายได้ค่าธรรมเนียมหรือค่า

improve the sales and ownership transfer volume of the Company. In 2019, the net profit of the Company and subsidiary companies has increased from that in 2018 because of better operational efficiency. The

and providers of real estate services. The main focus is put on the quality of life of residents managed with “Livable Community” strategy. In 2020, the operational guideline of the Company has been

enforcement of strict measures, for instance, operational lock-down, state quarantines and travel restrictions in Thailand, Malaysia and Indonesia. Consequently, most of business activities were temporarily

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

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