Microsoft Word - MD_A_Q12020_EN final 1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 1Q20 (Affected from Covid-19 pandemic

1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 2Q20 (affected by Covid-19 pandemic and measurements from government) • Net

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

volume vs last year same period. The impact on the financial performance was significantly mitigated (operational cost saving program launched still in Q1 after Covid-19) and longer term via a network

1 Forth Smart Service Public Company Limited (FSMART) 3Q2020 Management Discussion and Analysis Operational Summary in 3Q20 (recovered from Covid-19 pandemic)  Net profit was Bt123mn, increasing

before Bang Sue Interchange near the Suburban Metro Maintenance Center which can reduce travel time from using local road and traffic congestion on Kamphaeng Phet 2 Road. Overview Operational Results In

and offer for sale of securities under the law of the Kingdom of Thailand; or (c) any non-compliance with the requirements, procedures, or conditions required in the offer for sale or the allocation of

financial institutions. A summary of the key operational matters and events for the 2nd Quarter 2019 Financial Highlights 2Q 2019 2Q 2018 Change 6M 2019 6M 2018 Change THB million % Sales THB million % Sales

financial institutions. A summary of the key operational matters and events for the 2nd Quarter 2018 2Q2018 was another challenging quarter of GFPT Group. We had total revenue from sales of THB 3,982.32

financial institutions. A summary of the key operational matters and events for the 3rd Quarter 2018 3Q2018 was another challenging quarter of GFPT Group. We had total revenue from sales of THB 4,516.69