) Balance Sheet Assets 135.58 95.03 Liabilities 96.05 85.84 Shareholders’ Equity 39.53 9.19 Income Statement Revenue from Sale 8.38 31.78 Gross Income 3.74 (1.13) Profit (Loss) Before Financial Expense and

services in amount of Baht 930.88 million, an increase of Baht 75.67 million or 8.85%, which was a decrease of revenue from printing business at Baht 67.24 million or 13.13% and an increase of revenue from

quarter ended February 28, 2018 and corresponding period of the previous year, which exceeds 20%. The company would like to clarify as follows. 1. Total revenue is Baht 532.93 million, an increase of Baht

1 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and Analysis Operational Summary in FY18 2018 Operational Summary  Total revenue from core business was Bt3,339mn

Baht 205.70 million:- 1. Total revenue was Baht -169.36 million, a decrease by Baht 444.76 million or 161% mainly from:  Fee and service income decreased by Baht 22.93 million from the suspension of

of 2018 to 542.45 million Baht for the year of 2019, representing 56.71 percent, due to recognize revenue according to success of the production line project. - Cost of sales increased from 319.67

reason are Operating results - The Company realized 1,361.68 million baht for revenue from canned seafood products and food services and others 11.26 million baht in the year 2019 which compared to revenue

revenues of Baht 1,252.83 million, a decrease of 29.70% or equivalent to Baht 529.36 from 2018 which was Baht 1,782.19 million. Revenue from sales The Company and its subsidiaries registered consolidated

constituted of the following: 1) Revenue from the hotel business of Baht 626.8 million, which grew by Baht 413.4 million or 193.8% when compared to the same period of last year. The increase was mainly due to

year 2016 with total revenues of 114.39 million Baht or an increase of 156.86 percent. The revenue increase was mainly due to the expansion of the two subsidiary companies, Fancy Wood International Co