COMPANY LIMITED AMATA CORPORATION PUBLIC COMPANY LIMITED AMATA VN PUBLIC COMPANY LIMITED AMR ASIA PUBLIC COMPANY LIMITED ANANDA DEVELOPMENT PUBLIC COMPANY LIMITED AP (THAILAND) PUBLIC COMPANY LIMITED APEX

AMR ASIA PUBLIC COMPANY LIMITED ANANDA DEVELOPMENT PUBLIC COMPANY LIMITED AP (THAILAND) PUBLIC COMPANY LIMITED APEX DEVELOPMENT PUBLIC COMPANY LIMITED APPLICAD PUBLIC COMPANY LIMITED APPLIED DB PUBLIC

1 Forth Smart Service Public Company Limited (FSMART) 1Q18 Management Discussion and Analysis Operational Summary in 1Q18  Total revenue from core business was Bt842.14mn, an increase of 17.8 % YoY

2019 such agreement remains 24 years).  On 31 March 2019, Signed the water treatment contract with a company in Wellgrow Industrial Estate for a period of 10 years which has recognize revenue since 1

Retained earnings 2,870,524 2,682,432 2,363,541 (Unit: Singapore Dollar) Income Statement 2018 2017 2016 Freight revenue 22,118,455 21,101,376 18,303,217 Other income 258,887 61,456 253,280 Total revenue

ended 31 December 2019, which revenue and net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 31 December 2019 31 December 2018

clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 1,492.8 2,714.4

follows: 2 - Credit Card For nine-month period, credit cards turnover comprised of 57% of total turnovers, with the revenue of 5,017 million baht, increasing by 3% y-y. In the third quarter of 2017, credit

flights that serviced by BAFS only at BKK and DMK Total revenue of 2017 of the Group was Bt3,640.2 million decreased by Bt71.3 million or 1.9% compared with Bt3,711.5 million of 2016. While the services

Flights was data of flights that serviced by BAFS only at BKK and DMK Page 2 of 8 Total revenue of Q2/2019 of the Group was Bt949.0 million increased by Bt23.5 million or 2.5%(y-o-y) and the services income