, increasing 7.5% YoY  Net profit was Bt583mn, increasing 7.4% YoY  Number of “Boonterm kiosk” was 130,053, increasing 4.3% YoY  Total usage amount was Bt41,980mn, increasing 16.1% YoY  Total average number

revenues was mainly from short-term investment which the Company has invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the three-month period ended 30

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

continued focus on maximising delivery and retail sales. These actions, along with careful management of all costs and expenses, resulted in the company making a net profit in the first quarter of 2021 of THB

Quarter Change (%) H1 Change 2/2018 1/2018 2/2017 1/2018 2/2017 2018 2017 (%) Net profit * 9,194 9,005 8,047 2.1% 14.3% 18,199 16,352 11.3% Earnings per share (Baht) 4.82 4.72 4.22 2.1% 14.3% 9.53 8.57 11.3

Revenue from sale of electricity 80.11 50.86 29.25 57.51 5 Other income 10.65 6.23 4.42 70.95 6 Total Revenues 304.05 256.05 48.00 18.75 7 Total expenses 333.50 295.14 38.36 13.00 8 Profit(Loss) before

and Administrative Expenses 73.29 57.38 +25.94 Financial Cost 7.92 8.31 -19.55 Net Profit 37.77 58.68 +6.96 Total Revenues In the three-month period ended 30 September 2017 and 2016, total revenues of

 Net profit was Bt145mn, an increase of 39.0% YoY  The total number of “Boonterm” was 119,166 kiosks, increased 8,603 kiosks or 39.1% YoY  Total usage amount was Bt9,311mn, an increase of 61.5% YoY

 Net profit was Bt145mn, an increase of 39.0% YoY  The total number of “Boonterm” was 119,166 kiosks, increased 8,603 kiosks or 39.1% YoY  Total usage amount was Bt9,311mn, an increase of 61.5% YoY

. The net profit increased 17.32% from the same quarter of the previous year. In Q1/2019, one project was completed i.e. Lumpini Ville Sukhumvit 76 - Bearing Station (2), valuing around 700 million THB