increasing the liquidity and supporting the expansion of the Company’s core business, as well as investing in various projects; and the amendment of Clause 4 of the Memorandum of Association to be in line with

both financial and non-financial services, as we continue to gear up for being “The Bank of AEC+3” along with being a Regional Digital Bank. We have established our business direction primarily by

baht or 1% y-y but increased 1% q-q. However, the Company has focused on customer base expansion by increasing credit card benefits. For example, “AEON Gift 2020” campaign, AEON credit cardholders

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

Analysis (MD&A) For Q3/2018 2 - Increasing of HRC price: the average selling price of HRC in 3rd Quarter of 2018 was THB 20,715/ton, increased by 15% as compared with last year quarter (THB 18,079/ton

reported core service revenue of Bt34,080mn, increasing 2.9% YoY and 0.5% QoQ from a quality growth of fixed broadband business and a rebound in non-mobile enterprise business. FBB business continued a

showed a slow recovery reflecting a mixed trend in the indicators. On one side, a strong growth driver came from increasing tourist arrivals and lower inflation rates attributed to government subsidies

incentives, such as tax privileges for investment in research and development. Concurrently, the country’s long-term direction will emphasize regional cooperation, both within ASEAN, especially within the CLMV

, and China’s increasing export after ending their tax program to stimulate car sales for this year. The Mogas/Dubai crack spread (UNL95/DB) decreased by 0.73 $/BBL compared to the averaged 14.42 $/BBL in

Baht, a decrease from the same period last year by approximately 3.34 Million Baht or 21.64% which the cost of sales decreased by in the same direction with the sales revenue. Selling and Administrative