. Shareholders' Equity As of 30 June 2017, shareholders' Equity was Bt10,675 million, an increase of Bt685 million, mainly due to profit from the period and dividend payment. Analysis of performance Gross Profit

1 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis Operational Summary in 3Q17  Total revenue from core business was Bt788mn, an increase of 42.1% YoY

2018, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 978 Million representing an increase from the same quarter of the previous year by Baht 255

เลขที่ HR 007 / 2542 No. ACC 01/2018 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 16 March 2018 SUBJECT EXPLANATION FOR THE INCREASE

1.91 386.39 Equity 199.79 190.50 4.88 The Profit for Quarter 1/2019 was 9.29 million baht, while in Quarter 1/2018 net Profit was 1.91 million baht. increased 386.39% and equity for Quarter 1/2019 was

Income 12.91 9.29 38.97 Equity 237.54 224.82 5.66 The Profit for Quarter 1/2020 was 12.91 million baht, while in Quarter 1/2019 net Profit was 9.29 million baht. Increased 38.97% and equity for Quarter 1

of profit from investments in associates, net - 133 (133) -100.0 Non-controlling interests of the subsidiaries (3) (3) - - Profit attributable to Equity holders of the Company 937 3,119 (2,182) -70.0

June 30 2018 Ratio 2018 Ratio 2017 Ratio Increase / (Decrease) Amount Percentage Service revenue 385.75 100% 429.18 100% 355.70 100% 73.48 20.66 Other income 1.43 0.37% 6.53 1.52% 0.88 0.25% 5.64 639.18

follows; Performance Highlights for Q1/2019  Net Profit attributed to Equity Shareholders was 144.5 million Baht, increased 24.5% from the same period last year and increase 9.5% from Q4/2018. This

, 2017 as in the consolidate financial statement has net loss 7.78 Million Baht, increase of 15.25 Million Baht or 204.20% comparing to the last year. Loss attributable to equity holders of the parent is