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

the new plant since the second quarter of 2017, which will commence operational in the second half of this year. With the additional capacity utilization from Phase 3, management believes that the

gross profit for the year 2019, an increase of Baht 18.60 million compared to the previous year from increased revenue and cost management by carefully set up own operational and maintenance for machines

company has delivered more products than the same quarter of the previous year. accounted for 20.95% and at the end of the year 2021 the company gained new customers. - The Property Business saw an income

2021, the company has produced products for new customer - Immovable property business saw its income decrease both in the three-month period and the nine-month period by Baht 0.19 million and Baht 0.51

and enhance the operational efficiency of the organization. We formulate a digital strategy plan for the first time, using digital technology and data as key drivers. The plan includes the use of

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

commission income in of 2020, which decreased by Baht 11.60 million and other income increased Baht 2.82 million from the last year. 1.4 Operational profit and net profit (Unit: Million Baht) For the year

to more production orders from the old customers and new customers, the Company had more manufacturing and delivery of products in Q1’62, increases were 45.70%. - The Property Business saw an income

of the Company. For the six-month period Ended June 30, 2019, which was audited by the auditor with significant operational results as follows: 1. Net profit in the amount of 21.92 million baht