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

: President The Stock Exchange of Thailand Global Service Center Public Company Limited ("the Company") would like to clarify the operating results for the year ended December 31, 2018 as follows: Operating

working capital. Return on Asset stood at 20.5% because of effective asset management. Return on Equity stood at 48.5% from steadily increasing net profit. 5 Forth Smart Service Public Company Limited

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

from assets which decreased from expanding Boonterm koisk. Return on Equity stood at 46.8% which decreased from increasing total shareholders’ equity 5 Forth Smart Service Public Company Limited (FSMART

1 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis Operational Summary in 3Q17  Total revenue from core business was Bt788mn, an increase of 42.1% YoY

December 2016 which was 501.33 Million Baht because of unearned income of Cold Water Generation Plant project in oil and gas construction service The Group’s total shareholders’ equity as at 30 September

reason for the Company’s net loss was due to lower income from rental and service, an increasing in food and beverage cost and property development cost incurred. Thus, the details of the Company’s

e d) Construction income 28.97 150.24 -121.27 -80.72 Service income 0.00 9.71 -9.71 -100.00 Other income 1.65 1.75 -0.1 -5.71 Total Revenues 30.62 161.70 -131.08 -81.06 Cost of constuction 27.87

.) % Construction income 63.82 68.01 -4.19 -6.16 Service income 6.20 8.75 -2.55 -29.14 Sale of goods 0.00 - Other income 0.44 4.30 -3.86 -89.77 Total Revenues 70.46 81.06 -10.60 -13.08 Cost of constuction 63.58 88.52