Liabilities 808 698 829 Total Liabilities 817 707 841 Shareholder’s Equity 451 478 477 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,660 3,610 2,570 Gross Profit 263 274 213 Operating Profit 124 154 119
Liabilities 784 808 842 Total Liabilities 797 817 851 Shareholder’s Equity 445 451 449 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,727 3,660 2,730 Gross Profit 247 263 209 Operating Profit 126 124 117
totaled 1,251.02 million Baht, decreased by 60.57 million Baht or -4.62% compared to the same period of 2019, as total sales volume was reduced. Net profit attributable to equity holders of the parent
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
with the Company, the “Group”) which engages in distribution of bakery products and equipment. Analysis of Financial Performance Business categories Operated by For the three-month period ended 30
- - 0.22 0.25 0.22 100.00 Profit before expenses, finance cost and taxes 23.55 22.65 20.21 23.07 (3.34) (14.18) Distribution costs 1.58 1.52 2.04 2.33 0.46 29.11 Administrative expenses 9.79 9.41 10.47 11.95
manufacturing and distribution, which is increase from the same quarter of the previous years for 20.90 million baht (281.63%), resulting in the increase of the Company Group’s gross profit for 5.14 million baht
management. Based on the Company's financial statements for the 3 months ended March 31, 2020 Business specific quarterly financial statement ended on 31 March 2020 indicates the net profit of 2. 90 million
%) Other Income 1 1 0% Selling and distribution expenses (75) (76) 1% Administrative expenses (42) (43) 2% Finance Cost - (4) n.a. Profit before income tax expenses 72 15 (79%) Tax expenses (12) (2) (83
summary as follows: Summary of the company’s operation result In the 1st quarter 2019, revenue from sale was increased from the same period of last year at 12.9% and having gross profit at 47.6%. Net profit